The Rupee opened weak past the 91 per dollar mark on Monday after the U.S. and Israel bombed Iran over the weekend, risking protracted conflict in the Middle East, which sapped risk appetite and sparked a sharp rise in oil prices. Air strikes by Israel and the U.S. on Iran over the weekend resulted in the death of Iran's Supreme Leader Ayatollah Ali Khamenei. Iran fired missile barrages across the region in retaliation, risking dragging its neighbours into the conflict. U.S. President Donald Trump suggested to the Daily Mail the conflict could last for four more weeks, while posting on social media that attacks would continue until U.S. objectives were met. The breakout in conflict sent investors running to safe havens such as gold while also pushing up oil prices to their highest in over a year. Asian currencies were down between 0.2% to 0.6% on Monday while MSCI's gauge of Asia-Pacific equities fell 1.5%. The dollar index was down 0.2% at 97.9. Traders reckon that the Reserve Bank of India will likely step in to avert a sharp slide in the rupee which could put it back in touching distance of its all-time low of 91.9875 hit earlier in the year. The euro slid, Swiss franc rose and dollar jumped on Monday as investors sought safety after the U.S. and Israel bombed Iran, killing Supreme Leader Ayatollah Ali Khamenei and raising the risk of protracted conflict in the Middle East. The franc climbed as much as 0.4% to 0.7661 a dollar and shot 0.6% higher to its strongest since 2015 on the euro at 0.9030 in early Asian trade, before paring gains. After knee-jerk appreciation, the yen weakened 0.2% to 156.235 yen against the dollar as traders digested the effect of the jump in energy prices on oil imports, while assessing what the conflict could mean for interest rates. The euro fell 0.3% to $1.1784 and sterling slid 0.3% to $1.3451 on the potential for disruption to energy supply in Europe. The risk-sensitive Australian dollar tumbled as much as 1.2% before paring declines to 0.3% and was last trading at $0.7096. The New Zealand dollar was last down 0.2% at $0.5979 after retracing an earlier decline of 0.8%. China's yuan in offshore trade was 0.1% weaker at 6.868 yuan to the dollar, as the People's Bank of China weakened its daily fixing price for the currency onshore to stem appreciation against the greenback. China is an energy importer and the main buyer of Iranian oil. Analysts expect oil prices to remain elevated over the coming days with conflict escalating in the Middle East, as they assess the impact to supplies, especially flows through the Strait of Hormuz, a conduit for more than 20% of global oil.......