Mumbai, June 16 -- The Indian rupee extends decline in opening trades on Monday as dollar gained appetite amid ongoing geo-political tensions. Moreover, oil prices up almost 1 percent after last week's 13 percent surge is also adding pressure on the counter. The domestic currency opened at Rs 86.16 per dollar and hit a low of 86.24 so far during the day. INR settles lower by 55 paise to 86.07 on Friday. Domestic equities could however support the counter as Asian stocks eked out modest gains this morning as a slew of data from China sent mixed signals about the economy. Indian shares fell sharply on Friday, tracking weak cues from global markets after Israel launched strikes against Iran, targeting nuclear facilities and ballistic missile...