MT Newswires -ShutterstockAustralian shares are poised to rise on Friday, as oil prices hit a five-month high amid escalating concerns that US action against Iran might disrupt global crude supplies. Overnight, the S&P 500 and the Nasdaq Composite fell 0.1% and 0.7%, respectively, while the Dow Jones Industrial Average gained 0.1%. In corporate news, Origin Energy (ASX:ORG) reported integrated gas-Australia Pacific liquified natural gas production of 169 petajoules (PJ) and sales of 169.5 PJ to earn commodity revenue of AU$2.1 million for the quarter ended Dec. 31, 2025. Pilbara Minerals (ASX:PLS) reported production of 208,000 tonnes of spodumene concentrate and sales of 232,000 tonnes of the same for the three months ended Dec. 31, 2025. Australia's benchmark index fell 0.1% or 6.4 points to close at 8,927.50 on Thursday.