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AAP
AAP
Business
Adrian Black

REVEALED: Australian shares slip as hormuz stand off continues | Vintage Vibes

Australian investors remain nervous about the next steps in the global oil crisis. (Jay Kogler/AAP PHOTOS)

Resurgent oil prices have helped push Australia's share market lower for a third straight session as the US and Iran escalate their respective shipping blockades.

The S&P/ASX200 fell 50.2 points on Thursday, down 0.57 per cent, to 8,793.4, as the broader All Ordinaries also dipped 50.2 points, or 0.55 per cent, to 9,024.2.

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