Indian Shares Poised For Lower Open As Gulf Tensions Escalate

India, July 13 -- Indian shares may drift lower at open on Tuesday, with concerns around the ongoing U.S.-Iran war likely to keep investors on edge.

Brent crude futures climbed toward $84 a barrel, bringing gains for the week to more than 10 percent as both the U.S. and Iran continued to escalate attacks in the Strait of Hormuz.

The U.S. said it now controls the crucial waterway and will charge fees to ships for safe passage.

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Published by HT Digital Content Services with permission from RTT News....