Australian Shares Flat; Karoon Energy Restores Production at Brazil Well
() -- Australian shares were flat on Monday after oil prices jumped as the ceasefire between the US and Iran broke down. The S&P/ASX 200 Index was little changed to close at 8,808.50. Brent crude oil futures jumped over 4% to trade around $79 per barrel, increasing inflation risks. Iran claimed that it had closed the S