<ul data-eligibleForWebStory="true">The Indian rupee closed at a two-month low of 86.24 against the US dollar on Tuesday.Rupee opened flat at 86.07 against the US dollar.Brent oil prices rose to $74.04 per barrel due to Israel-Iran conflict concerns and soft economic data from China.The US dollar strengthened with the DXY climbing above 98.2 amid rising geopolitical tensions in the Middle East.President Trump's call for the evacuation of Tehran and Israeli airstrikes on Iran raised fears of a wider regional conflict.Markets are watching for potential disruptions to energy flows and trade routes, along with inflation risks from elevated oil prices.Focus now shifts to the Federal Reserve's policy decision, with rates expected to stay unchanged.