ASX Flat as Oil Surges Past $107, Whyalla Jobs Axed, and One Nation’s Migration Bombshell

The ASX 200 closed flat on Monday, edging up just 8.7 points to 8,749.9 as investors juggled surging oil prices against fresh fears of interest rate hikes. Healthcare stocks offered a buffer, but tech shares trimmed earlier gains after OpenAI and Anthropic called for a slowdown in AI development. The benchmark has shed 3.6% this month alone. Brent crude topped $US107 a barrel after fresh strikes on Saudi Arabia and merchant vessels in the Persian Gulf, while a...