The measures under consideration also reportedly include import curbs and restrictions on non-essential overseas spending India is considering a series of measures, including a fuel price hike and restrictions on non-essential spending, to shield its foreign exchange reserves from soaring oil prices linked to the Iran war, Bloomberg reports. Top officials in the Prime Minister’s Office and Finance Ministry held discussions with the Reserve Bank of India on steps to cushion the damage from soaring oil prices, unnamed officials told the agency. A fuel price hike, one of the options reportedly being considered, would be the first to be implemented since the US-Israeli war against Iran began. The suggested measures could also include curbs on the import of gold and consumer electronics, seen as non-essential items. The authorities are also mulling temporary restrictions on non-essential overseas spending, and other steps to support the rupee.…