Australian shares move slightly lower, with market trading tracking volatility in the resources sector. Multiple outlets attribute the softer performance to weakness among miners, as uncertainty related to the Iran conflict adds caution to the outlook for raw materials. Reports describe the market as swinging during the session, reflecting shifting investor sentiment and changing risk perceptions tied to geopolitical developments. The focus remains on miners and broader sentiment around commodities, with traders reacting to expectations for how events in the Middle East could influence supply, shipping, and demand for industrial inputs. While the moves are described as modest, both accounts emphasize that the resources sector drives the day’s direction, and that investors are adjusting positions as the situation evolves. Overall, the coverage is consistent that the Iran-related uncertainty is weighing on the mining-heavy segment of the market and contributing to a choppier trading pattern for Australian equities.