India Strengthens Control on Foreign Outflows Amid Energy Shock from Iran Conflict

India is intensifying its control over foreign outflows as the ongoing conflict in Iran leads to an energy shock. Bloomberg posted on X, highlighting that fuel prices have surged, prompting the Indian government to impose stricter regulations on gold and silver imports. This move comes as the Indian rupee has reached a record low against the U.S. dollar. The measures aim to stabilize the economy and manage the impact of rising energy costs on the nation's financial stability.