The Indian rupee is likely to open higher on Friday, buoyed by a decline in oil prices and a pullback in the U.S. dollar, while worries over the Israel-Iran conflict continue to linger. Non-deliverable forwards suggest the rupee will open in the 86.

President Trump turned up the heat on Iran, calling for its Supreme Leader to surrender, stocks slipped further on his comments, as oil continues its climb and silver prices hit a fresh high. FOX Business is providing real-time updates on the markets,