India, April 15 -- Indian shares were sharply higher on Wednesday, tracking firm cues from global markets and steep losses in crude oil prices amid signs of progress in the revival of U.S.-Iran talks.
Oil prices fell for a second day, with Brent crude futures trading around $95 a barrel, on expectations that U.S.-Iran peace talks will resume and eventually release supply from the key Middle East producing region trapped by the closure of the Strait of Hormuz.
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