{"id":210292,"date":"2026-07-17T00:55:08","date_gmt":"2026-07-17T00:55:08","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/210292\/"},"modified":"2026-07-17T00:55:08","modified_gmt":"2026-07-17T00:55:08","slug":"asx-preview-australian-shares-to-fall-as-oil-eases-amid-iran-war-tensions-coles-group-ends-talks-with-tpg-capital-over-potential-greencross-acquisition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/210292\/","title":{"rendered":"ASX Preview: Australian Shares to Fall as Oil Eases Amid Iran War Tensions; Coles Group Ends Talks With TPG Capital Over Potential Greencross Acquisition"},"content":{"rendered":"<p>    <a href=\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/5F48C9BFBC5895B715F57FC1014A2DFDDBDE1C94DAF789D49FA6FDBBA16BC5F0\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fmt_newswires_au_792%2F40f9f1c294384821c6cc0a9df8277ec9\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"MT Newswires - Shutterstock\" height=\"403\" width=\"768\" class=\"yf-lglytj loader\"\/><\/a> MT Newswires -Shutterstock           <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Australian shares are poised to fall on Friday as oil prices declined about 1% but held near mid-June highs amid escalating tensions in the Iran war, after Tehran reportedly urged Yemen&#8217;s Houthi movement to prepare for a possible closure of the Red Sea oil export route.<\/p>\n<p>Overnight, the S&amp;P 500, the Nasdaq Composite, and the Dow Jones Industrial Average fell 0.5%, 1.5%, and 0.2%, respectively.<\/p>\n<p>In the macroeconomy, investors are eyeing Australia&#8217;s labor force report next week.<\/p>\n<p>In corporate news, Coles Group (ASX:COL) said it has ceased discussions with private equity firm TPG Capital regarding the potential acquisition of Greencross Pet Wellness Company.<\/p>\n<p>Zip (ASX:ZIP) said it will undertake an orderly wind down of its New Zealand operations following a strategic review, as the company sharpens its focus on its Australian and US businesses, which continue to deliver strong growth and profitability<\/p>\n<p>Australia&#8217;s benchmark index closed flat with a negative bias at 8,840.70 on Thursday.  <\/p>\n","protected":false},"excerpt":{"rendered":"MT Newswires -Shutterstock Australian shares are poised to fall on Friday as oil prices declined about 1% but&hellip;\n","protected":false},"author":2,"featured_media":210293,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[61291,61292,34,572,261,61293],"class_list":["post-210292","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iran","tag-australian-shares","tag-coles-group","tag-iran","tag-nasdaq-composite","tag-oil-prices","tag-shutterstock"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116932596379867875","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/210292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=210292"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/210292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/210293"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=210292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=210292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=210292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}