Oil prices surged sharply in early trading after reports of renewed attacks in the Middle East, triggering a broad sell-off in equity markets.
The move reflects growing concerns over potential disruptions to energy infrastructure and global supply chains.
Equity indices, including the S&P 500 and Nasdaq, fell by more than 1% as investors shifted to safer assets.
Brent crude climbed 3.8% in the session, with traders citing renewed geopolitical risks as the primary driver.
Equity indices, including the S&P 500 and Nasdaq, fell by more than 1% as investors shifted to safer assets.
The cross-asset reaction underscores the market's sensitivity to regional instability and its cascading effects on risk appetite.
The current escalation follows a pattern of intermittent attacks in the region, which have historically led to sharp repricings in energy markets.