Australia's share market has logged its second-worst session of 2026, on concerns a sustained oil price shock will intensify inflation and spark steeper interest rates.
The S&P/ASX200 plummeted 176.1 points on Wednesday, down 1.94 per cent to 8,901.2, as the broader All Ordinaries dropped 180.1 points, or 1.94 per cent, to 9,117.1.
