Indian rupee weakened against the U.S. dollar on Monday as sharp rise in global crude oil prices amid on-going military conflict in the Middle East weighed on rupee. The global crude oil prices have spiked up after Israel and the U.S. conduct Air strikes in Iran which resulted into death of Iran's Supreme Leader Ayatollah Ali Khamenei, and in retaliation, Iran conducted missile and drone attacks on Israel and US military bases in Middle East. Investors worried that the conflict could result into Iran closing the Strait of Hormuz which accounts for around 20% of global oil flow. The rupee was also impacted by the strong U.S. dollar. On the global front, U.S. dollar has strengthened against other major currencies in the European session on Monday as investors turned to the currency as a haven asset amid tensions in Middle East.

Finally, the rupee ended at 91.49 (Provisional), weakened by 41 paise from its previous close of 91.08 on Friday. The currency touched a high and low of 91.65 and 91.23 respectively.