Indian Shares Reverse Early Gains As Oil Prices Spike

Indian shares reversed early gains to end modestly lower on Friday as Hormuz concerns persisted and the Trump-Xi summit yielded little progress on the war in Iran.Brent crude prices jumped more than 3 percent to $109.19 a barrel as attacks on one ship and the seizure of another around the Strait of Hormuz stoked concerns about energy supplies.After wrapping up his three-day visit to China, U.S. Pr…