ASX falls as Woolies, Coles shares slump on war inflation; oil climbs

{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-04-30T06:54:16Z","datePublished":"2026-04-29T19:15:31Z","description":"The Australian sharemarket has extended its losing streak as Brent oil soared to a wartime high after a report that Donald Trump is set to receive a briefing on new military options for Iran.","headline":"ASX falls as oil hits new wartime high, Woolies slumps on inflation warning","keywords":"World markets, Wall Street, Just in, Shares, Supermarkets","author":[{"@type":"Person","name":"Staff…

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.