India, June 18 -- Indian shares ended slightly lower on Wednesday as investors kept a close watch on escalating developments in the Israel-Iran conflict and awaited the Federal Reserve's interest-rate decision later in the day.

A cautious undertone prevailed as comments from U.S. President Donald Trump raised fears of U.S. involvement in the Israel-Iran conflict.

Trump demanded "unconditional surrender" from Tehran, warning that U.S. patience was "wearing thin" and that America held "complete and total control over Iranian skies".

The dollar slipped today after Trump's warning and the release of weak U.S. economic data. Oil prices eased but hovered close to five-month highs on concerns about potential disruptions to Iran's crude oil expo...