{"id":92319,"date":"2026-03-04T12:30:05","date_gmt":"2026-03-04T07:00:05","guid":{"rendered":"https:\/\/newzquest.in\/australia-news-live-asx-sheds-60bn-as-middle-east-conflict-stokes-inflation-fears\/"},"modified":"2026-03-04T12:30:05","modified_gmt":"2026-03-04T07:00:05","slug":"australia-news-live-asx-sheds-60bn-as-middle-east-conflict-stokes-inflation-fears","status":"publish","type":"post","link":"https:\/\/newzquest.in\/hi\/australia-news-live-asx-sheds-60bn-as-middle-east-conflict-stokes-inflation-fears\/","title":{"rendered":"Australia news live: ASX sheds $60bn as Middle East conflict stokes inflation fears"},"content":{"rendered":"<div class=\"nqenglish-card-frame\">\n<div class=\"nqenglish-img-wrapper\"><img decoding=\"async\" src=\"https:\/\/i.guim.co.uk\/img\/media\/3e3f14d2304d82c7201f54aed5aaf03ec653302e\/607_0_5543_4437\/master\/5543.jpg?width=1200&#038;height=630&#038;quality=85&#038;auto=format&#038;fit=crop&#038;precrop=40:21,offset-x50,offset-y0&#038;overlay-align=bottom%2Cleft&#038;overlay-width=100p&#038;overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctbGl2ZS5wbmc&#038;enable=upscale&#038;s=5902bc3df6f287d203264d4469adcf4e\" alt=\"Australia news live: ASX sheds $60bn as Middle East conflict stokes inflation fears\" loading=\"lazy\" width=\"480\" height=\"270\" style=\"object-fit:cover\"><\/div>\n<div class=\"nqenglish-cat lang-en\">\u090f\u0928 \u0936\u0949\u0930\u094d\u091f\u094d\u0938'<\/div>\n<div class=\"nqenglish-headline\">Australia news live: ASX sheds $60bn as Middle East conflict stokes inflation fears<\/div>\n<div class=\"nqenglish-summary\">Follow today\u2019s news liveWong says legality of strikes on Iran \u2018a matter for Israel and US\u2019 as Australia sends crisis consular teams to Middle EastGet our breaking news email, free app or daily news podcastFarrell says $15bn of trade could be impacted by warLabor\u2019s trade minister, Don Farrell, says a \u201crelatively small\u201d amount of Australia\u2019s exports go through the Middle East as the war escalates in the region.A relatively small amount, about $15bn worth of trade goes through the Middle East. Obviously, that\u2019s very important for those companies that are trading there.Our trade is, in fact, increasing in the Middle East. We now have a free trade agreement with the United Arab Emirates. Already, our beef trade has doubled in the six months that that trade agreement has been in operation. But of course, all of that gets affected by this uncertainty of the war in the Middle East.The legal basis<\/div>\n<div class=\"nqenglish-link\"><a href=\"https:\/\/www.theguardian.com\/australia-news\/live\/2026\/mar\/04\/politics-live-albanese-prime-minister-question-time-angus-taylor-cost-of-living-middle-east-work-from-home-victoria-ntwnfb\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Story<\/a><\/div>\n<p><span class=\"nqenglish-disclaimer\">Technically enhanced content presented under fair use in public-interest journalism.<\/span><\/div>","protected":false},"excerpt":{"rendered":"<p>N Shorts Australia news live: ASX sheds $60bn as Middle East conflict stokes inflation fears Follow today\u2019s news<\/p>","protected":false},"author":5,"featured_media":92320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAowl-PACw:productID":"","footnotes":""},"categories":[2149],"tags":[],"class_list":["post-92319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-shorts-en"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/92319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/comments?post=92319"}],"version-history":[{"count":0,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/posts\/92319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/media\/92320"}],"wp:attachment":[{"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/media?parent=92319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/categories?post=92319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newzquest.in\/hi\/wp-json\/wp\/v2\/tags?post=92319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}