live Markets live updates: ASX in a $100+ billion plunge as oil surges past $115/barrel The ASX has been hit with a sharp sell-off, as Brent crude skyrockets as much as 25 per cent, past $US115 a barrel. It's the Australian market's worst day since the "Liberation Day" sell-off in April last year, and has seen the broad All Ordinaries index shed around $120 billion in value. Wall Street tumbled after the continuation of Middle East hostilities sent oil prices rocketing and new data showed a sharp deterioration in the US jobs market. Follow the day's financial news and insights from our special

live Markets live updates: ASX in a $100+ billion plunge as oil surges past $115/barrel The ASX has been hit with a sharp sell-off, as Brent crude skyrockets as much as 25 per cent, past $US115 a barrel. It's the Australian market's worst day since the "Liberation Day" sell-off in April last year, and has seen the broad All Ordinaries index shed around $120 billion in value. Wall Street tumbled after the continuation of Middle East hostilities sent oil prices rocketing and new data showed a sharp deterioration in the US jobs market. Follow the day's financial news and insights from our special