India Energy Tracker — Crisis dashboard

Brent crude is at $107.05/bbl on Day 74 (May 13, 2026), -0.67% from a 6-week high but the risk premium is intact after Trump's rejection of Iran's MoU counter-offer. WTI low-$100s. Indian markets in second-day bloodbath: Sensex -1,456 pts (-1.92%) to 74,559; Nifty -436 (-1.83%) to 23,379 — pierced the 23,500 chartist support. Petroleum Minister Hardeep Puri defended PM Modi's appeal as "patriotic behavioural changes — caution and prudence, not shortage." India's monthly oil import bill at this level is approximately $19B. USD/INR at ₹95.52; RBI defending the ₹95.50 line. Live tracker →

At Brent ~$100/bbl, India's OMCs (IOC, BPCL, HPCL) are absorbing approximately ₹1,750-1,850 Crore per day in under-recovery to keep retail petrol/diesel prices frozen. At the wartime peak of $126/bbl on Apr 30, daily losses hit ₹3,150 Crore. The number is computed as ~₹62.5 Cr/day per $1/bbl above the $72 pre-war baseline, and is auto-synced hourly to live Brent. See the 4-year price-difference history →

Yes. As of Day 74 (May 13, 2026), the Strait of Hormuz remains effectively blocked. Commercial tanker traffic is approximately 3-5 ships per day, down from 129 ships per day pre-war (~96% reduction per S&P Global / UK MTO). Saudi Aramco CEO Amin Nasser reiterated on May 12-13 that the market is losing roughly 100 million barrels of supply each week, and that prolonged disruptions could push normalization into 2027. Trump described the ceasefire as being on "massive life support" after his May 11 rejection of Iran's counter-offer; the Pakistan back-channel has paused with no new counter on the table. Drone attacks struck a cargo vessel near Qatar; UAE and Kuwait reported intercepting hostile drones.

Retail prices remain frozen — petrol at ₹94.77/L Delhi (unchanged since April 2022), diesel at ₹87.67/L. The shock is absorbed by OMCs (~₹1,750-1,850 Cr/day) and the government (₹10/L excise cut, ~₹1.55 lakh Cr fiscal cost annualized). Domestic LPG cylinder: ₹913 Delhi. Diesel container restrictions are active in UP, Maharashtra, MP, Bihar, Jharkhand, and the Northeast. Fuel Watch →

Approximately 9 million+ Indian nationals live and work in the Gulf — UAE (3.5M), Saudi Arabia (2.6M), Kuwait, Qatar, Oman, Bahrain. Of these, 375,000+ have been evacuated since the war began Feb 28, 2026. On May 4, 3 Indian nationals were wounded at the Fujairah oil zone in an Iran drone strike — the first confirmed Iran-war injuries to Indians inside UAE.

The war began on February 28, 2026, when the US and Israel launched "Operation Epic Fury" — 900 strikes in 12 hours that killed Iranian Supreme Leader Ali Khamenei. Iran responded by attempting to close the Strait of Hormuz and launching missile strikes on US bases and Israel. As of May 13, 2026, the war is in Day 74 — past its 10-week mark, the longest direct US-Iran conflict ever. The April 8 ceasefire is technically alive but the 14-point MoU negotiation collapsed May 10–11 (Trump rejected Iran's counter-offer as "TOTALLY UNACCEPTABLE," then described the ceasefire on May 12 as being on "massive life support"). On May 11, Indian PM Modi gave a Hyderabad speech making the first national fuel-conservation appeal since the COVID-19 era; on May 13, Petroleum Minister Hardeep Puri defended the appeal — telling critics to "do some homework before jumping to conclusions" — and codified it as "patriotic behavioural changes" (work-from-home, public transport, deferred gold purchases, no foreign trips, in-country weddings).

India's monthly oil import bill stands at $17.5 billion at Brent ~$100/bbl, up from a pre-war average of ~$14.2 billion. India imports 89% of its crude — the third-highest dependency among major economies. Top suppliers: Russia 35%, Iraq 14%, USA 12%, Africa 12%, Saudi Arabia 10%, Americas 10%, UAE 4%, Kuwait 3%.

No. As of Day 74 (May 13, 2026), the 14-point MoU deal track has collapsed and the Pakistan back-channel has paused with no fresh counter on the table. Iran delivered its formal counter-proposal via Pakistani mediators on May 10. Trump rejected the entire response on May 11 as "TOTALLY UNACCEPTABLE," accusing Iran of "playing games," and on May 12 described the ceasefire as being on "massive life support." Iran's counter-demands: (1) compensation for war damages, (2) immediate end to US naval blockade, (3) sweeping sanctions relief + frozen-funds release, (4) US recognition of Iranian sovereignty over the Strait of Hormuz, (5) only phased nuclear concessions. The Hormuz-sovereignty demand is the deal-breaker — politically impossible for Washington. With the diplomatic track frozen, Indian markets entered a second-day bloodbath on May 13 — Sensex -1,456 pts (-1.92%) to 74,559, Nifty -436 (-1.83%) to 23,379 piercing the 23,500 chartist support. Petroleum Minister Hardeep Puri defended PM Modi's May 11 conservation appeal as "patriotic behavioural changes — caution and prudence, not shortage."