US-Israel-Iran War: Indian bond yields spike as Middle East conflict lift crude oil prices by Live mint | March 2, 2026 1:20 pm | Indian Stocks, Market, News Rupee slid to its one-month low and the Indian stock market slumped as the Iran war hurt risk assets and lifted oil prices. The rupee fell 0.4% to 91.35 per dollar while the benchmark indices, Sensex and Nifty 50 crashed nearly 2% each.