India, July 16 -- The U.S. is expanding strike on Iran, while Tehran is hitting neighbouring countries and warned that the Strait of Hormuz is an unbreakable redline.
In the Asian trading session, oil prices were slightly lower. Brent crude futures dropped nearly 1 percent to $84.17 a barrel.
Gold prices were notably lower. The U.S. dollar stabilized on Thursday.
Asian shares finished mostly in negative zone, while European shares are trading broadly down.
Initial trends from the U.S. Futures Index suggest that Wall Street might open broadly down on Thursday.
As of 8.00 am ET, the Dow futures were up 63.00 points, the S&P 500 futures were sliding 22.75 points and the Nasdaq 100 futures were falling 297.25 points.
The U.S. major averag...