The Rupee opened weaker on Wednesday, with a subdued risk environment dampening sentiment while steady dollar demand ?from equity outflows and importer payments keeps the currency under pressure.The ?rupee is expected to open in the 95.40 to 95.44 per dollar range, per traders, after settling at 95.35 on Tuesday.The currency, which rallied on Friday after ?the Reserve Bank of India rolled out measures to attract inflows, ?has since lost momentum on persistent dollar demand from importers ?and equity outflows, bankers said. The rupee is now only about 0.2% ?above its level before the measures were announced, indicating limited follow-through from the ?central bank’s steps. Foreign investors have offloaded over $6 billion of Indian equities so far this month, surpassing the outflows in all of last month. RBI's measures have re-based the USD/INR ?range lower, with talk of room for a fall to the ?93 to 94 level, a currency trader at a bank said.Asian equities extended losses alongside U.S. equity futures, while most regional currencies weakened. Oil prices rose, souring appetite for risk assets. Rising tensions in the Middle East have eroded ?optimism that the ?months-long conflict might ?ease anytime soon, pushing oil higher. The U.S. carried out strikes on Iran, following President Donald Trump's statement that ?Tehran had downed a U.S. helicopter in the Strait ?of Hormuz, ?adding to unease around an already fragile ceasefire.The dollar held ?steady against major peers on Wednesday after the United States launched strikes against Iran, while investors awaited key U.S. ?inflation data for clues on the Federal Reserve's policy path. The dollar index, which measures the ?greenback against a basket of currencies including the yen and the euro, edged up 0.01% to 100.02 The euro was down 0.05% at $1.1537 while ?sterling lost 0.04% to $1.337. The Japanese yen drifted 0.03% lower against the greenback to 160.38 per dollar, continuing to hover around the 160 level widely seen as a line in the sand for potential official intervention. The risk-sensitive Australian ?dollar edged 0.1% lower versus the greenback to $0.7021. The kiwi lost 0.17% versus the greenback to $0.5812.Oil ?prices climbed about 1% on Wednesday, moving away from a seven-week low touched in ?the previous session, after the U.S. military launched new strikes against Iran and as market data showed another large draw in U.S. crude stocks.Brent futures rose 83 cents, ?or 0.9% to $92.29 a barrel, while U.S. West Texas Intermediate (WTI) crude climbed 68 cents, or 0.8%, ?to $88.97.......