Australian shares at over two-month high on miner strength, softer oil

Nov 10 (Reuters) - Australian shares climbed to their highest level in more than two months on Tuesday, with heavyweight miners leading gains, while lower oil prices eased inflation concerns and supported broader market sentiment.

The S&P/ASX 200 index .AXJO was up 0.8% at 9,099.90, as of 2333 GMT, its highest level since late August. The benchmark marginally gained 0.1% on Monday.

Global risk appetite was bolstered by US President Donald Trump downplaying the likelihood of renewed strikes on Iran, which sent crude prices tumbling more than $7 to hit late-August lows. MKTS/GLOB O/R

Surging oil prices have fuelled inflationary pressures in economies around the world, including Australia, since the war began earlier this year.

Australian miners .AXMM jumped 1.2%, aided by a rebound in copper prices. Shares of BHP Group BHP.AX and Rio Tinto RIO.AX advanced 1.1% and 0.9%, respectively.

Gold miners .AXGD also advanced, tracking stronger bullion prices. Northern Star Resources NST.AX and Evolution Mining EVN.AX climbed 0.9% and 1.3%, respectively. GOL/

The financials sub-index .AXFJ supported the benchmark as well, led by a 0.8% gain in top lender Commonwealth Bank of Australia CBA.AX.

Consumer-facing discretionary .AXDJ and real estate .AXRE stocks advanced 1% and 2%, respectively.

Technology stocks .AXIJ mirrored an overnight rally in Wall Street, with a 2.1% jump to their highest level since early September. .N

Logistics software maker WiseTech Global WTC.AX gained as much as 3.2% to hit their highest point in six months.

Shares of airlines, which have borne the brunt of higher fuel costs from rising crude prices, also gained. Flag carrier Qantas QAN.AX surged 2.7%, while rival Virgin Australia VGN.AX rose 0.7%.

Energy stocks .AXEJ, however, bucked the broader market, falling 0.4% as oil prices retreated. Woodside Energy WDS.AX and Santos STO.AX lost 0.8% and 0.9%, respectively.

New Zealand's S&P/NZX 50 index .NZ50 rose 0.5% to 14,038.06, following a roughly 0.8% drop over the last two sessions.