India, April 12 -- Indian shares are seen opening notably lower on Monday as U.S.-Iran peace talks collapsed amid unresolved disputes over Iran's nuclear program, and U.S. President Donald Trump ordered blocking all ships trying to enter or leave the Strait of Hormuz, heightening fears of a prolonged conflict and disruptions to key energy supplies.

Following failed talks in Islamabad, Trump announced that the United States Navy will block 'all maritime traffic entering and exiting Iranian ports' starting on Monday. "It's going to be all or none and that's the way it is," the president said.

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