India, May 11 -- Prime Minister Narendra Modi on Sunday urged Indians to adopt cost-cutting measures - including avoiding gold purchases, postponing foreign travel and working from home - as the country grapples with the economic fallout of the ongoing Iran-US war and surging crude oil prices.

Addressing a BJP rally in Hyderabad, PM Modi said India must conserve foreign exchange reserves and reduce fuel consumption as global supply chains remain under pressure due to the prolonged conflict in West Asia.

The war has kept the Strait of Hormuz - one of the world's most critical oil shipping routes - partially disrupted for weeks, triggering fears of prolonged supply shortages.

PM Modi's appeal came after US President Donald Trump rejected...