Crude Crosses $100, Rupee Hits Record Low: How India Is Fighting the Iran War’s Energy Fallout
Rising Middle East conflict has pushed crude oil above $100 and weakened the rupee to a record low, triggering inflation and higher LPG prices in India. The government is taking emergency measures, but the crisis highlights India’s heavy dependence on imported energy. The economic tremors started before India could prepare. On February 28, 2026, the…