The Rupee opened weak on Thursday, pressured by high oil prices and a deterioration ?in sentiment toward the currency after the recent decline. The rupee has come under mounting pressure as crude oil ?prices resumed their climb following renewed hostilities between the U.S. and ?Iran. The currency is down 1.7% so far this month and ?is moving within striking distance of its all-time low of 96.96 per U.S. dollar ?touched in May. The support the rupee had received from the Reserve Bank ?of India's recent measures to attract dollar inflows has largely faded, bankers said, leaving it more vulnerable to the rise in oil prices. When oil pulled back toward $70 a ?barrel and the RBI announced measures to boost dollar inflows, the near-term ?bias on the rupee had turned positive. The U.S. dollar hovered near a one-month ?low on Thursday, as soft inflation data reinforced bets that the Federal Reserve can stay ?patient on interest rate hikes, while escalation in Middle East hostilities added upside risk to the inflation outlook. The greenback slipped against the Japanese yen for the third trading session, by 0.1% to 162.075 yen . The euro was 0.1% higher at $1.1472, ?its strongest in a month. Sterling held near a two-month high at $1.354 on market expectations that Britain's ?incoming prime minister will pick a fiscally conservative finance minister. The Australian and New Zealand ?dollars were both down about 0.1%, at $0.6995 and $0.5842 respectively. The U.S. dollar index , which tracks the currency against ?six peers, was little changed at 100.47, hovering near its lowest since June 18. It has fallen ?0.8% over the previous two sessions and is on track for a weekly decline. The U.S. struck Iran's coastal defences and missile sites on Wednesday after re-imposing a naval blockade of its ?ports, while ?Iran threatened to shut off more regional energy exports, saying ?it was engaged in an "existential war" with America. Oil prices rose for a fourth straight day on Thursday after a new wave of U.S. strikes on Iranian military installations fuelled ?fears of renewed full-scale conflict and supply disruptions in the Strait ?of Hormuz. Brent crude futures climbed 33 ?cents, or 0.4%, to $85.28 a barrel by 0026 GMT, while U.S. ?West Texas Intermediate futures rose 42 cents, or 0.5%, to $80.02 a barrel.......