India, June 13 -- Indian shares tumbled on Friday to extend steep losses from the previous session as tariff uncertainties and heightened geopolitical tensions dented investors' appetite for risk.
The specifics of the latest U.S-China framework agreement and details on how it will be implemented remain unclear and it appears that there may still be significant disagreements and some details are yet to be worked out.
Brent crude futures jumped nearly 9 percent after Israel launched an airstrike on Iran and declared a special state of emergency, raising fears of oil supply disruption.
Israel reportedly hit sites like Natanz, Fordow, and Isfahan to curb Iran's uranium enrichment and missile capabilities.
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