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AAP
AAP
Business
Adrian Black

Aussie shares surge as US and Iran strike peace deal

United States Iran Oil Vivek Dhar Boots Chemist Warehouse Exxon Gulf Woodside
Australia's share market has logged its best two-session performance since April. (Joel Carrett/AAP PHOTOS)

Australia's share market has notched its best two-session performance since April following reports the US and Iran have agreed on the terms of a peace deal.

The S&P/ASX200 jumped 110 points on Monday, up 1.25 per cent, to 8,914, as the broader All Ordinaries gained 121.9 points, or 1.35 per cent, to 9,128.

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