Asian equity markets staged a broad-based rebound on Tuesday, snapping a multi-day losing streak as technology shares led the recovery.
The rally was driven by a resurgence in investor appetite for semiconductor stocks, which had been hammered in previous sessions alongside broader indices.
This shift in sentiment marks a notable pivot from the severe global sell-off that had weighed on risk assets earlier in the week.
In energy markets, crude oil prices eased slightly, defying expectations that fresh geopolitical escalation would drive a sharp spike.
The moderation in oil prices came even as Iran claimed it had successfully hit US military targets in Bahrain and Kuwait.
The market's muted reaction suggests traders are assessing the immediate supply impact of the strikes as limited, or are prioritizing the broader risk-on rotation into equities over short-term geopolitical premiums.