
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.