India’s BSE Sensex fell about 1.0%, or 710 points, to 74,188 on Friday as surging crude prices, foreign fund outflows and escalating Middle East tensions pressured equities. The seizure of Yemen’s port of Mocha by Iran-aligned Houthis heightened concerns about Red Sea shipping disruptions, while traffic through the Strait of Hormuz remained restricted. Brent crude climbed toward $109 a barrel, raising concerns about energy supplies, India’s import bill and inflation. The rupee weakened to 95.44 per dollar, and rising U.S. Treasury yields reinforced a risk-off mood, meaning investors favored less risky assets. Finance, producer manufacturing and non-energy mineral stocks led declines, with HDFC Bank, BSE Ltd., Tata Steel and Bajaj Finance among the biggest losers. HCLTech, Tech Mahindra and Infosys gained.