New Delhi, June 11 -- The Indian rupee opened 25 paise lower at 95.52 against the US dollar on Thursday, as renewed hostilities between Iran and the United States pushed crude oil prices sharply higher, reviving concerns over India's external balance and inflation outlook.

The domestic currency had strengthened to an intraday high of 95.10 on Wednesday, aided by dollar sales from state-run banks, which traders believe were conducted on behalf of the Reserve Bank of India (RBI).

According to a Reuters report, market participants view the intervention as a signal that the RBI is keen to prevent further depreciation of the rupee, following its announcement of a series of measures to support the currency. However, traders noted that sustain...