Back to Guavy Wire

Commodities

Rupee Set for Weaker Open Amid Oil Price Surge and US-Iran Tensions

Guavy AI Editorial Team Published August 12, 2026

Instruments

Oil

The Indian rupee is expected to open weaker on Tuesday due to rising oil prices and increased demand for dollars.

Brent crude rose by around 5% on Monday amid stalled US-Iran peace talks, pushing the price toward $88 a barrel.

The Reserve Bank of India (RBI) has been selling dollars at current levels, capping losses and preventing the rupee from falling further.

One trader noted that without the RBI's support, the pair would already be trading above 95.50.

More on Commodities

Commodities just now

Middle East Conflict Sends US Diesel Price Soaring

Commodities just now

Oil Prices Surge on US-Iran Deal Doubts and Middle East Supply Concerns

Commodities 1m ago

Uzbekistan Bolsters Gas Production Amid Rising Energy Demand

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy