Crude oil prices climbed on Wednesday morning as investors priced in the risk of further supply disruptions following overnight US military strikes.
The escalation has reignited concerns about potential bottlenecks in key shipping routes, prompting a swift repricing in energy markets.
The geopolitical tension is also weighing heavily on logistics equities.
Shares in DSV, the Danish shipping and logistics provider, fell sharply in early trading.
The decline comes despite the company recently releasing a generally positive second-quarter financial report, highlighting a growing disconnect between fundamental performance and market sentiment driven by macro risks.
The sell-off in DSV underscores how quickly geopolitical headlines can override corporate fundamentals in the current market regime.