•Indian Rupee depreciates to an unprecedented all-time low of 93.49 against the US dollar.
•Tensions in the Middle East, particularly the Iran-Israel war, are severely impacting the Indian economy and crude oil supplies.
•Rising global crude oil prices, potentially reaching $180 per barrel, and a strengthening Dollar Index are pressuring the rupee.
•A weaker rupee increases import bills, making essential goods, fuel, and electronics more expensive for consumers.
•Government's treasury faces increased burden from foreign loan interest payments and a rising current account deficit, potentially requiring RBI intervention.