The situation in Iran caused the Australian stock market to return to zero growth since February.

The Australian stock market fell by about 4% in the five trading days following the US and Israeli attacks on Iran, resulting in a loss of over 130 billion Australian dollars, wiping out the 3.7% gain in February. According to a report by the Australian news website on the 8th, as stocks were being sold off, energy prices rose significantly. Investors are concerned that the increase in energy costs will be transmitted to other sectors of the economy, thereby pushing up inflation. Rocklan Halowe, a strategist at market research firm Morningstar, said that the rise in oil prices is one of the most intense market changes in response to macroeconomic news, with London Brent crude oil futures prices rising more in the initial aftermath of the attack than during the early stages of the Ukraine crisis and the Iraq war, overall similar to the initial response of the Gulf War.