Australian energy stocks climb on firmer oil prices

Woodside Energy

29/04/2026 05:50

** Australian energy stocks .AXEJ rise as much as 1.8% to their highest since April 17

** Oil prices extended gains on reports that the U.S. will extend its blockade of Iranian ports O/R

** Sector majors Santos STO.AX, Woodside Energy WDS.AX and Whitehaven Coal WHC.AX advance 1%, 2.1% and 4.4%, respectively

** Sub-index has risen 30% so far this year

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.singhchundawat@thomsonreuters.com))