India, March 21 -- Leader of Opposition Rahul Gandhi on Saturday warned that India could be headed for a fresh wave of inflation, linking it to the weakening rupee and rising fuel costs amid the US-Israel war on Iran.

"The rupee weakening against the dollar and heading towards 100, along with a sharp rise in industrial fuel prices - these aren't just numbers; they're clear signals of the inflation to come," he wrote on X.

His remarks came a day after the rupee plunged 64 paise to close at an all-time low of 93.53 against the US dollar, amid pressure from rising crude oil prices and a broader risk-off sentiment among global investors.

Gandhi argued that the currency slide and fuel price surge would have a cascading effect across the eco...