US equity markets settled on flat to negative note, Nasdaq ended on flat note while Dow jones and S&P 500 fell 0.87% & 0.70% respectively.
European equity markets ended sharply lower in range 3% to 4%.
Most of the Asian equity markets are trading in red.
SGX Nifty is little changed.
Brent crude slipped below $75 a barrel for the first time since December 2021, intraday.