India, May 11 -- Indian shares plunged on Monday as a lack of progress in the U.S.-Iran peace talks sent oil prices soaring and revived inflation fears.
Brent crude prices jumped above $105 a barrel after the United States and Iran failed to agree on a pace deal, keeping the Strait of Hormuz largely closed and raising doubts about the durability of a fragile ceasefire.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....