Rising oil prices pressure rupee amid US-Iran tensions

Rising oil prices pressure rupee amid US-Iran tensions. Escalating US-Iran tensions have pushed crude oil prices higher, with Brent crude rising over $85/barrel, increasing import costs for India. The Indian rupee is under renewed pressure, nearing 83.5 per USD, raising concerns over inflation and current account deficit. This macro stress may trigger F&O volatility in energy-importing sectors like Aviation and Auto.

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