Australian energy stocks hit a near one-month high on firmer oil prices

Santos

14/07/2026 01:51

** Australian energy stocks .AXEJ gain as much as 2.5%, their highest since June 15
** Oil prices surged to a one-month high after the U.S. said that a naval blockade of Iranian shipments in the Gulf will begin on Tuesday O/R
** Sector majors Santos STO.AX and Woodside Energy WDS.AX climb 2% and 3.7%, respectively
** Sub-index up 20.3% YTD

(Reporting by Keshav Singh Chundawat in Bengaluru)
((Keshav.singhchundawat@thomsonreuters.com))