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Global Markets Join Sell-Off as Geopolitical Risk Drives Energy Costs Higher

International equity markets weakened sharply amid renewed geopolitical tensions and a spike in energy prices, reinforcing global risk aversion. Stocks across Europe and Asia saw broad declines as investors digested heightened conflict in the Middle East and the possibility of supply disruptions. Energy and defense sectors outperformed, while traditional growth and travel sectors lagged amid rising risk premiums and inflation concerns.