The Rupee opened weak as the worsening U.S.-Iran dispute fuels a further ?rally in oil prices. The rupee has ?been under sustained pressure since tensions between the U.S. and Iran flared ?up again, triggering a fresh rally in oil prices. The currency had found ?slight respite from robust foreign inflows linked to the Reserve Bank of India's recent measures, which traders said helped reduce the risk of a bigger depreciation. However, with oil prices ?continuing to climb, the currency of the world's third-largest oil importer ?is unlikely to find much relief. Oil prices climbed to their highest ?level in six weeks, ?with Brent ?crude rising above $96 a barrel on mounting Middle East tensions. The U.S. launched a fresh round of strikes on Iran-linked ?assets and Yemen's Houthis, including attacks near key shipping ?routes in ?the Red Sea. The Iran-aligned Houthis have threatened to target vessels carrying Saudi crude, raising concerns about disruptions to oil supplies. The dollar largely stabilised on Thursday as renewed U.S.-Iran tensions kept investors on edge and underpinned demand for the safe-haven currency, ?while the yen languished near a 40-year low with little sign of a turnaround. The dollar index , which measures the greenback against a basket of currencies including the yen and the euro, eased 0.06% to 101.05. The greenback has gained as the worsening flare-up between Washington and Tehran triggered a rebound in oil prices and fanned inflation fears. The euro was ?last up 0.07% at $1.1418. The European Central Bank will meet later on Thursday. It is all but certain to keep interest rates unchanged but ?will hold the door wide open to another rate hike in September, as a fresh jump in energy prices threatens to put more upward pressure on inflation. The ?Australian dollar ?gained 0.2% versus the greenback to $0.7012 while New Zealand's kiwi traded at $0.5818. British sterling last rose almost 0.1% to $1.3383. The Japanese yen edged 0.02% higher against the greenback to 163.1 per dollar, surrendering gains after Bloomberg News reported on Wednesday that Bank of Japan officials were open to raising rates at a faster pace than the consensus among economists. Oil ?prices rose more than 1.5% to their highest in more than six weeks on Thursday, ?with the United States launching a new round of strikes on Iran and Yemen's Houthis targeting oil tankers in the Red Sea. Brent crude futures rose $1.93, or 2% to $96 by 0011 GMT, the highest since June 8. It had settled over $3 higher at $94.07 in ?the previous session, just shy of a six-week high.......