India, May 10 -- Indian shares look set to open on a sluggish note on Monday as focus shifts to escalating U.S-Iran tensions and surging crude oil prices.
Brent crude futures jumped more than 3 percent toward $105 a barrel after U.S. President Donald Trump and Iran rejected each other's latest peace proposals to end the war in the Middle East, keeping the Strait of Hormuz largely closed and raising doubts about the durability of a fragile ceasefire.
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