Geopolitical tensions increase oil prices, weakening the Indian rupee and driving up domestic petrol costs amid rising import bills.

The rupee has tumbled to record lows since the Iran war broke out at the end of February, as a resultant spike in crude prices delivered a severe blow to the country

Geopolitical tensions increase oil prices, weakening the Indian rupee and driving up domestic petrol costs amid rising import bills.

Uncertainty over the next chapter in the US-Iran war has also injected significant complexity in the Reserve Bank of India’s monetary policy decision due on Friday

The Indian rupee weakened against the US dollar on Wednesday. This decline was driven by escalating tensions in the Gulf region and a subsequent rise in oil prices. The rupee…

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis points due to higher petrol and diesel prices. The Reserve Bank of India…