Opened 33 paise weaker at 95.95 to the dollar — its sharpest opening decline in weeks. Two things are compounding each other: Brent crossing $85, and India's own June inflation data coming in at an 18-month high, above forecasts. That second part matters more than it looks — it reduces the odds the RBI can cut rates to support growth, right when a weaker rupee needed some help from home. Because India imports roughly 85% of its crude, this isn't abstract — every dollar Brent adds gets paid for by someone at the pump.