India, Nov. 12 -- Indian shares were moving lower in early trade on Friday as oil prices and U.S. Treasury yields spiked after U.S. Donald Trump downplayed the prospects of a comprehensive diplomatic solution with Iran, halted the negotiation process that Vice President Vance was advancing, and instead accepted a stalemate characterized by "no war, no talks."

Trump also indicated he may use military force against Iran if U.S. allies and ships are threatened.

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