Australia's energy stocks hit over one-month high as oil prices rise

Santos

22/07/2026 03:40

** Australian energy stocks .AXEJ rise as much as 1.4%to their highest level since June 15
** Sub-index gains for fourth consecutive session
** Oil prices rise on renewed supply disruption fears after U.S. forces announced new round of strikes on Iran O/R
** Sector major Woodside Energy WDS.AX rises as much as 1.1% to its highest point in nearly six weeks, and peer Santos STO.AX up as much as 1.4%
** YTD, sub-index up 22.7%, including sessions' moves

 (Reporting by Shravya Marakini in Bengaluru)
 ((Shravya.Marakini@thomsonreuters.com;))