Indian shares look set to open on a sluggish note on Monday as focus shifts to escalating U.S-Iran tensions and surging crude oil prices.
Brent crude futures jumped more than 3 percent toward $105 a barrel after U.S. President Donald Trump and Iran rejected each other's latest peace proposals to end the war in the Middle East, keeping the Strait of Hormuz largely closed and raising doubts about the durability of a fragile ceasefire.
For comments and feedback contact: editorial@rttnews.com
Market Analysis
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.