Mumbai/IBNS, June 3 -- The Indian stock market on Wednesday crashed at the opening bell, extending losses from the previous session amid rising geopolitical tensions and a sharp spike in crude oil prices.

The market selloff came as crude oil prices surged following renewed uncertainty over US-Iran peace talks and fresh military strikes in the Middle East.

Brent crude for August delivery climbed 0.88 percent to $96.84 per barrel, raising concerns over inflationary pressures and higher import costs for oil-dependent economies such as India.

Adding to investor worries, reports emerged that US President Donald Trump is angry with Israeli Prime Minister Benjamin Netanyahu over Israel's latest escalation against Lebanon, which has reportedly...