** Australian energy stocks .AXEJ rise 0.8%; hit highest level since March 6
** Oil prices edged higher on fears of reduced supply after U.S. President Donald Trump threatened to impose tariffs on countries importing oil and gas from Venezuela and after U.S. crude inventories fell more than expected O/R
** Sector majors Woodside Energy WDS.AX and Santos STO.AX rise as much as 1.8% each, both hitting their highest since early March
** Sub-index down 7.2% this year, as of last close
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.