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Rupee tumbles 55 paise to 86.07 against US dollar on oil spike, Israel-Iran conflict jolts markets; foreign fund outflows deepen

IndiaTimes Friday, 13 June 2025
The Indian rupee plummeted to 86.07 against the US dollar, marking its steepest fall in over three months due to surging global crude oil prices and heightened geopolitical tensions. Israel's military actions impacting Iranian nuclear facilities triggered a sharp rise in oil benchmarks, exacerbating concerns about India's trade deficit and inflation.
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Video Credit: Oneindia - Published
News video: Israel's Haifa BLACKED OUT As Iranian Hypersonic Missiles HIT Oil Refinery | IDF RAFAEL Factory HIT

Israel's Haifa BLACKED OUT As Iranian Hypersonic Missiles HIT Oil Refinery | IDF RAFAEL Factory HIT 03:26

 Haifa came under fire again as Iran launched its 8th wave of hypersonic missile attacks in its “True Promise-III” campaign. Explosions rocked the coastal city, damaging electric grids, killing 3 more Israelis, and striking near Haifa’s oil refinery and Rafael Advanced Defense Systems....

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