Article #259148

Iran’s police chief says protesters will be treated as ‘enemies’ and that security forces remain stationed in the streets

• How have you been affected by the latest Middle East events?

Investor hopes for a swift resolution to the Middle East conflict propelled Australian shares higher today, with the benchmark S&P/ASX 200 finishing the day up 1.1% and recovering about $35bn in value after yesterday’s $90bn plunge.

Oil prices surged to a four-year high early in the week before coming back down below $US90 a barrel after Donald Trump suggested the Iran conflict would end soon, sending global stock markets higher.