Forex
Rupee Crashes Amid Oil Shock: Inflation Alert
Rahul Gandhi blasts Modi government as rupee tumbles on surging oil prices from West Asia war, warning of fuel hikes and broader inflation hitting Indian households.

The Story
The Indian rupee took a brutal hit Friday, crashing against the US dollar as oil prices spiked from West Asia conflicts. Opposition leader Rahul Gandhi seized the moment, slamming the Modi government for lacking any strategy, according to Hindustan Times. He predicted four nasty knock-on effects: skyrocketing petrol and LPG prices right after elections, plus broader inflation squeezing everyday Indians.
This isn't abstract politics—India guzzles imported oil like there's no...
Indian Rupee
oil shock
Iran war
inflation
RBI
USD/INR
Rahul Gandhi
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