Australia’s share market is rebounding from Monday’s bloodbath, as oil prices eased on assurances from US president Donald Trump the war in Iran won’t last long.
The S&P/ASX200 gained 119.5 points by midday Tuesday, up 1.39 per cent, to 8,716.4, as the broader All Ordinaries jumped 118.5 points, or 1.34 per cent, to 8,9421.