
Australia's share market has fallen to a seven-week low, as the ongoing conflict in Iran bolsters oil prices and inflation fears darken the global economic outlook.
The S&P/ASX200 fell 125.5 points on Monday, down 1.45 per cent, to 8,505.3, as the broader All Ordinaries tumbled 135.2 points, or 1.52 per cent, to 8,735.4.