The Rupee opened weaker on Wednesday, pressured by a surge in oil prices and ?higher U.S. Treasury yields after tensions in the Middle East resurfaced. The currency notched its best ?session in more than three weeks on Tuesday, aided by ?a burst of dollar selling in the non-deliverable forwards market. Prior to ?Tuesday's advance, the rupee had fallen 1% in a little over a week. The ?recovery, which most traders said was fragile, may prove short-lived with the market's focus shifting back to rising oil prices. The U.S. unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing the country to sell oil after three tankers were hit by projectiles in ?the Strait of ?Hormuz, adding pressure ?to an already shaky ceasefire. The U.S. dollar edged to its highest levels in a week in Asian trade on Wednesday as the U.S. renewed ?strikes on Iran, while New Zealand's currency jumped after the country's central ?bank lifted interest rates and flagged further tightening. The greenback strengthened 0.2% to 162.46 yen , advancing for a fourth day to reached the strongest level since July 2. The euro slipped 0.1% to $1.1405, while the ?British pound nudged 0.1% lower to $1.3351. Meanwhile, the kiwi dollar jumped 0.5% to ?highs of $0.5705 after the Reserve Bank of New Zealand hiked rates by ?25 basis points to 2.5% to curb inflation pressures, as most economists had expected, ?and said "some further reduction in monetary stimulus is likely to be required" to control ?inflation. The Australian dollar added 0.1% at $0.6938. The U.S. dollar index , which measures the currency against a basket of six peers, touched 101.210 for the first time since July 2. The yen crept toward a fresh 40-year low after Bank of Japan board member Toichiro Asada, ?the ?sole dissenter to the BOJ's decision in June to ?raise interest rates, told Reuters he must see signs of demand driven inflation before supporting further hikes. Oil prices climbed nearly 2% on ?Wednesday after the U.S. military launched airstrikes against Iran and reimposed crude sales sanctions, raising fears their fragile ?truce was unravelling and Middle East supplies could be disrupted again. Brent crude futures gained $1.38, or 1.9%, to $75.54 a barrel, and U.S. West Texas Intermediate ?crude climbed to $71.81 a barrel, up $1.37, or 1.9% at 0128 GMT.......