India, June 12 -- Indian shares may extend losses from the previous session on Friday after Israel launched an airstrike on Iran and declared a special state of emergency.
Brent crude futures surged more than 9 percent as the attack escalated tensions in the Middle East, a major oil producing region.
On the tariff front, U.S. President indicated flexibility on extending the July 8 deadline for securing trade agreements with key trading partners, adding he believes it might not be essential.
Meanwhile, the specifics of the latest U.S-China framework agreement and details on how it will be implemented remain unclear.
It appears that there may still be significant disagreements and some details are yet to be worked out.
Benchmark indexes ...