India, June 17 -- Indian shares look set to open lower on Wednesday after oil prices jumped more than 4 percent on Tuesday to hit a near five-month high amid concerns that an escalation of tensions in the Middle East will trigger more direct American involvement.
U.S. President Donald Trump met with his national security team to discuss the escalating Middle East conflict, fueling fresh speculation that the U.S. is on the verge of joining Israel's attack on Iran.
In a series of threatening posts on Truth Social, Trump said that Iran's Supreme Leader Ali Khamenei is an easy target but "for now" he would not act to eliminate him.
Subsequently, he posted, in all capital letters: "UNCONDITIONAL SURRENDER!".
Ayatollah Ali Khamenei, in a mess...