Shares of Santos (ASX:STO) fell 1% in recent trading on Tuesday, while those of Woodside Energy Group (ASX:WDS) declined nearly 1% after Brent crude oil futures climbed below the $100 per barrel mark before rising to $100.94 per barrel.
Karoon Energy's (ASX:KAR) shares fell roughly 2%.
US President Donald Trump said the US would postpone military strikes against Iran's energy infrastructure for five days after productive talks with unnamed Iranian authorities to end hostilities.
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