ASX on edge, Trump says no rush for Iran deal

AI Summary

The Australian sharemarket opened with caution following US President Donald Trump's statement advising his representatives to avoid rushing into a deal with Iran. This sentiment dampened hopes for a quick resolution to the ongoing conflict involving Iran.

The Australian sharemarket is set for an uncertain start to the session as US President Donald Trump said he had told his representatives not to rush into any deal with Iran, appearing to dampen hopes of an imminent breakthrough in the three-month-old war