[MARKET UPDATE] Modest energy upside, alongside pressure in equity and fixed benchmarks as Iran seizes a tanker

The seizure of a tanker by Iran introduces a layer of geopolitical tension that could elevate energy prices, as markets react to potential supply disruptions. Meanwhile, the concurrent pressure on equity and fixed-income benchmarks suggests a risk-off sentiment among investors, likely driven by concerns over stability in the region and its implications for broader market sentiment.