CNN Central News & Network-ITDC India Epress/ITDC News Global markets: Global markets moved unevenly on Tuesday after the U.S. military said it carried out self-defense strikes in southern Iran. The Associated Press reported that the strikes targeted missile launch sites and boats that U.S. officials said were placing mines.
The latest action came while President Donald Trump said negotiations aimed at ending the war were proceeding. That mix of military risk and diplomatic signalling kept investors cautious across Asia and Europe.
U.S. futures moved higher, but the wider market picture stayed uneven. Traders watched energy prices closely because any disruption around the Strait of Hormuz can affect crude supplies and transport costs worldwide.
Brent crude was firmer but remained below the psychological 100 dollar level, while the U.S. benchmark moved differently during the session. Analysts said oil volatility is likely to continue until there is a clearer path on security and talks.
Asian market moves were mixed, with investors weighing possible supply pressure against hopes that negotiations may still prevent a deeper escalation. Currency and equity desks in the region remained sensitive to each new statement from Washington and Tehran.
For India and other energy-importing economies, the immediate concern is whether shipping confidence and crude pricing stay stable. Higher oil prices can quickly feed into fuel, transport and inflation expectations, even when equity markets recover during the day.
Representative archive photos used with this report show the Strait of Hormuz and major stock-market locations to explain the international market context.
