US-Iran tensions spook markets, but the volatility index stays low | Finance Report | ABC NEWS

The reignition of hostilities in the Middle East has roiled markets, but they seem to growing accustomed to the uncertainty. The CBOE Volatility Index is sitting lower than it has been, on average, for the past five years.
Meanwhile, the Australian share market has closed down slightly as telco Telstra recovered some of its share value lost after a nationwide network outage.
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