Global equity markets moved modestly lower overnight as investors reacted to rising energy prices and continued geopolitical uncertainty.

Major indices in Asia and Europe opened under pressure after oil prices climbed amid concerns about shipping disruptions near the Strait of Hormuz.

Energy companies were among the few sectors posting gains, benefiting from expectations of higher crude prices.

Airline and transportation stocks, however, faced renewed selling pressure as rising fuel costs threaten to squeeze profit margins.

Financial analysts say markets remain highly sensitive to developments related to the conflict involving Iran and its broader economic consequences.

Currency markets also reflected cautious sentiment, with investors moving toward traditional safe-haven assets such as the U.S. dollar and government bonds.

Market strategists say volatility may persist until clearer signals emerge regarding the stability of energy supplies and shipping routes.

Investors are expected to closely monitor diplomatic and military developments in the region throughout the coming days.