S&P/ASX 200 Index (ASX: XJO) shares are down 0.5% to 8,657.8 points on Tuesday.
The US and Iran have launched missile strikes against each other in the Strait of Hormuz as the US tries to restore shipping.
Renewed military action after four weeks of ceasefire has sent oil prices higher, with no end in sight for the war in Iran.
Meanwhile, the Reserve Bank has just announced a third consecutive interest rate rise, taking the cash rate to 4.35%.
Among the 11 market sectors today, energy is in the lead, up 1.3%, while materials is the laggard, down 0.9% today.
Meanwhile, three experts give us their views on three ASX 200 shares.
Let's check them out.
Mineral Resources Ltd (ASX: MIN)
The Mineral Resources share price is $66.76, down 0.3% today and up 50% over six months.
Morgans maintained an accumulate rating on the diversified miner after reviewing its 3Q FY26 report.
The broker also increased its price target from $68 to $71.
Morgans said:
Strong 3Q26 beat against expectations led by Onslow and lithium. FY26 guidance upgraded marginally across Mining Services, Onslow, Wodgina and Mt Marion.
Diesel headwinds are emerging but remain contained.
No supply risk currently but cost inflation is apparent. Compelling outlook supported by continued deleveraging and commodity prices.
Iluka Resources Ltd (ASX: ILU)
The Iluka Resources share price is $8.10, down 2.2% today and up 30% over six months.
On The Bull this week, Michael Gable from Fairmont Equities revealed a hold rating on the mineral sands producer.
Gable explained:
ILU has traditionally been a producer of mineral sands. It's expanding into rare earths and is expected to start processing material in 2027.
The market is also starting to take notice, and positioning into this company.
It mostly traded sideways between November 2025 and March 2026, with a major resistance level near $7. It broke above the resistance line in April, leaving buyers back in control.
We expect the share price to move higher from here.
Dyno Nobel Ltd (ASX: DNL)
The Dyno Nobel share price is $3.29, down 1.1% today and up 3% over six months.
Dyno Nobel is an industrial explosives manufacturer operating mainly in the mining and construction industries.
It was formerly the explosives arm of Incitec Pivot, an Australian chemicals group that combined fertiliser and explosives operations.
Over recent years, the group has been moving away from fertilisers to refocus on explosives services, predominantly in the mining sector.
On The Bull, Toby Grimm from Baker Young put a sell rating on Dyno Nobel shares.
Grimm explained:
Strategic execution remains a persistent concern, in our view. Dyno Nobel's recent decision to exit fertiliser production, amid finalising the sale of its Phosphate Hill asset at a recent time of elevated fertiliser prices, highlight ongoing timing challenges.
According to our analysis, the divestment materially reduces earnings expectations and leaves the business more exposed to rising gas costs, which are likely to pressure margins within its explosives segment.
Given these risks, we see more attractive opportunities elsewhere.
The post Buy, hold, sell: Mineral Resources, Dyno Nobel, Iluka Resources shares appeared first on The Motley Fool Australia.
Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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