Asia-Pacific markets traded higher on Tuesday despite concerns over a prolonged disruption to energy flows through the Strait of Hormuz weighing on investor sentiment.
By 11:50 am AEST (1:50 am GMT), Australia's S&P/ASX 200 was trading 0.2% higher, and South Korea's KOSPI 200 had gained 0.5%.
Japan's Nikkei 225 remained closed for a public holiday.
In the United States on Monday, major benchmarks finished slightly lower. The Dow Jones Industrial Average and S&P 500 each declined 0.1%, while the Nasdaq fell 0.3%.
In commodities, ICE Brent crude rose 5% on Monday to US$87.72 a barrel, while spot gold gained 1.1% to $4,389.28 an ounce, its highest level since 5 June.
Chinese markets ended higher on Monday, with the SSE Composite Index gaining 0.7% to 3,966.6 and the CSI 300 rising 0.2% to 4,702.0.
Hong Kong's Hang Seng Index climbed 1.1% to 25,937.5, while India's BSE Sensex edged 0.1% higher to 78,542.4.
European markets finished mixed on Monday. The UK's FTSE 100 fell 0.4% to 10,862.5, Germany's DAX was little changed at 26,323.9, while France's CAC 40 gained 0.1% to a fresh record of 8,726.0.
