Shares in US energy companies have jumped as investors bet that the US seizure of Venezuelan President Nicolás Maduro will open opportunities to tap the country's oil reserves.
Shares in Chevron opened more than four per cent higher, after surging more than seven per cent in pre-market trading, while other firms, including ConocoPhillips and Exxon also gained.
Precious metal prices and shares in defence stocks also rose as the intervention increased investors' concerns about geopolitical risks.
Gold was about 1.9% higher at US$4,412 an ounce, while the price of silver was up by 3.6%, as money was moved into so-called "safe-haven" assets.
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