BUZZ-Australian energy stocks slide as US tariffs hit oil prices

Reuters

2025/04/03

** Australian energy stocks .AXEJ down 2.6%

** Sub-index hits lowest level since March 14

** Oil prices fell after U.S. President Donald Trump announced reciprocal tariffs on trading partners, adding concerns that a global trade war may dampen demand for crude O/R

** Shares of sector majors Woodside Energy WDS.AX and Santos STO.AX down 2.8% and 2.7%, respectively

** Sub-index down 8.2% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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