Australia's share market has ripped higher on the back of easing oil prices following signs the US conflict with Iran could be winding down, softening the global inflation outlook.
The S&P/ASX200 gained 99.3 points on Tuesday, up 1.1 per cent, to 9129, as the broader All Ordinaries advanced 104.4 points , or 1.14 per cent, to 9267.8.