AdvertisementUpdated BusinessMarketsWorld markets ASX falls as oil surges on rising Middle East tensions; NAB warns on home loans Staff writers Updated July 30, 2026 — 9:20am ,first published July 30, 2026 — 3:26am Save You have reached your maximum number of saved items. Wall Street tumbled in a frantic last hour of trade after the Fed announcement, and the Australian market followed suit. Bottle shop owner Endeavour fell 2.3 per cent, dairy giant A2Milk lost 2.8 per cent and Treasury Wine Estates dropped 1.6 per cent. Energy stocks limited the market’s declines, as oil prices held on to their jump from Wednesday. Hong Kong’s Hang Seng rose 2 per cent and Japan’s Nikkei 225 fell 1.5 per cent for two of the bigger moves.