Oil surges on Iran tension: Aus shares close 0.11% higher

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04 Jan 2018 - WAM Capital Limited (ASX:WAM) withdraws its proposed takeover bid for Molopo Energy Limited (ASX:MPO) as a result of a ‘no material transactions’ condition being triggered. Oil surges to 2 1/2 year high, Nikkei tracking higher at 2.64%

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