In Asian Equity Markets indices  mostly lower Tuesday morning as investor sentiment turned cautious over rising energy prices and heightened geopolitical tensions. In Japan, the benchmark Nikkei 225 was down 0.12% while the Topix index added 0.28%. South Korea’s Kospi index declined 0.13%. Australia’s S&P/ASX 200 was down 0.3% as most sectors traded lower. But the energy sub-index added 0.57% as oil names in the country gained. In Hong Kong, the Hang Seng index fell 0.95%.

In Currency Markets oil exporter currencies held firm while the dollar found broad support as recent attacks on Saudi oil facilities and the threat of military action in the region kept crude prices kept prices elevated. The Norwegian crown gained almost 1% against the euro on Monday to trade at 9.8565 to the euro while the Russian rouble hit a near seven-week high on the euro. Against the yen the dollar traded at 108.11 yen, just below last week’s high of 108.265, its highest level since Aug. 1.

In Commodities Markets oil fell more than 1% on Tuesday as the market hung on tenterhooks following attacks on Saudi Arabian crude facilities that cut the kingdom’s production in half and sent prices soaring by the most in decades. The attack heightened uncertainty in a market that had become relatively subdued in recent months due to slowing growth as the U.S.-China trade war rages and now faces the loss of crude from Saudi Arabia, usually the supplier of last resort. Brent crude was down 77 cents, or 1.1%, at $68.25 a barrel, while WTI was down 82 cents, or 1.3%, at $62.08 a barrel.

In US Equity Markets indices fell on Monday after weekend attacks on Saudi Arabia’s oil facilities added to investors’ concerns about geopolitical risk and a slowing global economy. Anticipation of higher fuel costs drove down shares of airlines and cruise line operators with the S&P 1500 airlines shedding 2.5%, while Carnival Corp fell 3.7%. Retail stocks lost 1.5% and were among the biggest drags on the S&P 500. The S&P 500 lost 0.31% to 2,998.13. The Nasdaq Composite dropped 0.28% to 8,153.98.

In Bond Markets U.S. Treasury yields fell on Monday after weekend attacks on crude facilities in Saudi Arabia shut about 5% of the world’s oil supply, sending oil prices soaring and increasing demand for safe haven U.S. debt. Benchmark 10-year notes gained 18/32 in price to yield 1.838%. The yield is down from a one-and-a-half month high of 1.908% reached on Friday, but up from three-year lows of 1.429% reached on Sept. 3.