New Delhi, March 27 -- The Indian rupee dropped to a fresh all-time low past the 94-per-dollar threshold on Friday, March 27, driven by concerns that the energy supply crisis triggered by the Middle East conflict will persist, intensifying the strain on energy-importing nations, including India.

The rupee decreased to 94.56 against the dollar, down 0.5% for the day surpassing its prior record low of 93.98 reached earlier this week. Since the onset of the conflict late last month, the domestic unit has fallen approximately 3.5%.

The potential for a prolonged energy crisis has kept oil prices above $100 per barrel, putting pressure on global stock markets and causing bond yields to rise.

Additionally, US President Donald Trump contribute...