Australia shares set to open lower as Saudi oil crisis takes centre stage

Australian shares are likely to open
lower on Tuesday as investors react to heightened geopolitical
risks following the weekend attacks on Saudi Arabia’s oil
facilities.
The attack, which knocked out 5% of global crude output and
sent oil prices up 15%, sparked fears of an oil shock on
economic growth and a flight to safe haven assets including gold
and U.S. Treasuries.
The local share price index futures fell 0.24% to
6,661 points, a 12.