India, July 18 -- Indian shares fell notably on Friday, with uncertainty over U.S. tariffs and a muted start to the quarterly earnings season weighing on markets.

Potential disruption to cheap Russian oil supply due to threatened U.S. and NATO sanctions over the Ukraine conflict also kept investors on edge.

"I'm not worried at all. If something happens, we'll deal with it," Petroleum Minister Hardeep Singh Puri reportedly said on Thursday at an industry event in New Delhi.

Earlier today, EU countries approved a new package of sanctions against Russia over its war in Ukraine, including a lower oil price cap on Russia's global oil exports, a ban on transactions with Nord Stream gas pipelines, and the targeting of more shadow fleet ships. ...