Oil prices have rebounded in early trading, capitalizing on a broader risk-on sentiment that followed a rally in US equities.
The energy market's consolidation comes after prices stabilized around pre-war levels on Monday, signaling a temporary pause in the volatility triggered by recent geopolitical tensions in the Middle East.
3% to 63,585.58. The divergence highlights cautious sentiment as investors navigate the aftermath of last week's joint US-Japan currency intervention.
European pre-market data points to a slightly higher open, mirroring the recovery seen on Wall Street.
However, Asian shares traded mixed on Tuesday morning, with Japan's benchmark Nikkei 225 slipping 0.3% to 63,585.58.
The divergence highlights cautious sentiment as investors navigate the aftermath of last week's joint US-Japan currency intervention.
Market participants are now weighing the impact of the currency move alongside a busy calendar of corporate earnings reports due this week.