Australia's energy stocks at a week's high on robust oil prices

Woodside Energy

24/04/2026 06:21

** Australian energy stocks .AXEJ rise as much as 1.9%, their highest level since April 17, compared to benchmark S&P/ASX 200 .AXJO, which is down 0.2%

** Oil prices rise amid concerns of military escalation in the Middle East following Iran's footage of commandos boarding a cargo ship in the Strait of Hormuz on reports Tehran's air defences had engaged "hostile targets"

** Sector major Woodside Energy WDS.AX gains as much as 2.9%, top percent gainer on the energy sub-index

** AGL Energy AGL.AX up 2.5%, Santos STO.AX climbs 1.7%

** Sub-index is up 28.8% YTD

(Reporting by Anjali Singh in Bengaluru)

((anjali.singh2@thomsonreuters.com; ))