India, July 29 -- Indian shares are seen opening lower on Thursday as investors react to escalating Middle East tensions and fret about the future path of U.S. monetary policy.
Brent crude futures were down over 1 percent at $87.20 a barrel in Asian trade after climbing 7.9 percent in the U.S. trading session. WTI crude futures were down 1 percent at $83.58 after rallying 6.6 percent overnight.
The United States carried out fresh strikes on Iran on Wednesday, further intensifying a five-month-old war that is spreading beyond its main fronts to embroil more countries across the region.
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