Australian energy stocks rise on higher oil prices

Woodside Energy

31/08/2026 04:23

** Australian energy stocks .AXEJ gain as much as 1.5%, highest since August 25
** Oil prices jump after the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran O/R
** Energy producers Santos STO.AX and Woodside Energy WDS.AX rise 1.3% and 1.4%, respectively
** AXEJ up 31.1% YTD

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