Home / Economy / Energy Crisis

India Energy Crisis Dashboard

Real-time impact of the West Asia conflict on India's oil, fuel, fertilizer prices and economy

US naval blockade of Hormuz enters Day 3–4. Oil retreats from $103 peak to ~$95 on hopes of 2nd-round peace talks. Shipping traffic down 90%+. This dashboard tracks price movements, supply risks and economic signals affecting India. Last updated: --

Today's Energy Snapshot --
Energy Shock Status: ELEVATED Blockade Day 3–4. Oil retreats to $94.66 on Round 2 peace talk hopes. Markets rally (+1.6%). CPI 3.40%. Ceasefire expires Apr 22.
75/100 HIGH
Blockade Day 3–4 Oil $94.66 (retreat) Round 2 talks ahead
Hormuz Traffic ~5 ships/day Blockade active. Down 96% from 138/day pre-war.
India Petrol (Delhi) ₹94.77 FROZEN Unchanged since Apr 2022
OMC Daily Loss ₹1,700 Cr/day Easing — oil at $94.66, down from $103 peak.
Ceasefire Status Blockade Day 3–4 US naval blockade active. Round 2 peace talks anticipated.
Brent Crude
--
USD/barrel
--
🟡 Volatile
OilPriceAPI
WTI Crude
--
USD/barrel
--
🟡 Volatile
OilPriceAPI
USD / INR
--
Exchange Rate
--
🔴 Above normal
Yahoo Finance
Gold
--
USD/oz
--
🔴 Above normal
Yahoo Finance
Natural Gas
--
USD/MMBtu
--
🟢 Stable
Yahoo Finance
India Crude Basket
--
USD/barrel (weighted)
--
🟡 Volatile
PPAC weighted avg

Commodity Price Trends

Oil retreating from $103 peak on hopes of Round 2 US-Iran talks. Blockade still active — supply risk persists.

Brent--
WTI--
90-Day High--
90-Day Low--
India Basket~$98-102
Pre-conflict (Sep 2025)~$72/bbl
Current spike--
India's pain threshold$80/bbl
OPEC+ target$80-90/bbl
Gold (Current)--
90-Day High--
90-Day Low--
Gold surges as safe-haven asset during conflictFlight to safety
India gold imports (Jan 2026)$12.1B (+192% MoM)
Impact on CADWidens deficit
Nat Gas (Current)--
90-Day High--
90-Day Low--
Qatar Ras Laffan LNG facilityDamaged
India LNG import share~50% of gas consumption
Petronet force majeureActive
Source: Brent, WTI: OilPriceAPI | Gold, Gas: Yahoo Finance | Chart: Yahoo Finance

India Fuel Prices

Retail prices remain stable due to policy controls and OMC absorption.

Current PricesFuel prices in India are revised daily by oil marketing companies (IOCL, BPCL, HPCL) based on international crude oil prices, exchange rate, and government taxes. Prices shown are the latest published retail rates.
Petrol -- Rs/L Delhi
Diesel -- Rs/L Delhi
LPG -- 14.2 kg
CNG -- Rs/kg Delhi
ATF (Aviation Fuel)--

Other Cities

City Petrol Diesel LPG CNG
Source: IOCL / PPAC, Ministry of Petroleum

Oil Import Dependency

India remains highly dependent on imported crude, increasing exposure to global shocks.

89% of crude oil is imported

Top Suppliers

India imports 89% of its crude oil — the 3rd highest dependency globally. Any disruption to Gulf supply routes directly impacts fuel prices, inflation, and the trade deficit.
Source: PPAC, Ministry of Petroleum FY2024-25

Strait of Hormuz |Chokepoint

HIGH RISKThe Strait of Hormuz is a 33km-wide chokepoint through which ~21 million barrels of oil pass daily. ~50% of India's crude transited this route pre-conflict. India has since rerouted 70% of imports via alternate sources (Russia, Africa). Any prolonged blockade would still severely disrupt global oil prices.

~40% of India's crude imports pass through the Strait of Hormuz. Routes shown are indicative.

21M barrels/day through Hormuz
~50% of India's crude via this route
33 km narrowest width
+300% shipping insurance surge
Google Maps | Route data: EIA

Strategic Petroleum Reserve

-- days of import cover
Capacity5.33 MMT
Current Stock--
Phase II6.5 MMT

Facilities

Visakhapatnam: 1.33 MMT
Mangaluru: 1.50 MMT
Padur: 2.50 MMT

How India Compares

🇮🇳 India
9.5 days
🇰🇷 S. Korea
~49 days*
🇨🇳 China
~90+ days
🇯🇵 Japan
~124 days*
🇺🇸 USA
~125 days
IEA Minimum
90 days

IEA mandates 90 days of net import cover for member countries. India's SPR covers only 9.5 days at full capacity (~6 days at current 64% fill) — the lowest among major oil importers. *Post Mar 2026 IEA emergency release.

Source: ISPRL, IEA, EIA, BusinessToday, S&P Global

Crisis Timeline

LIVE
Sources: Al Jazeera, CNN, ACLED, The Core, PM India, Business Standard

What happens next?

Explore possible scenarios if oil prices rise further or supply disruptions continue.

Oil Shock: What If?

Interactive

Simulate how global oil price changes impact India's fuel costs and economy.

$105
per barrel
$70 $200
CRISIS
What happens in Delhi if oil hits $105/barrel?
Impact on Delhi
National Impact
Source: PPAC, Emkay elasticity estimates, RBI. Petrol/diesel are market-linked estimates — actual retail prices are frozen.

What This Means for India Right Now

Why It Matters India imports 87% of its crude oil. When Brent price rises and the rupee weakens simultaneously, the actual cost to India multiplies, driving up petrol, diesel, LPG, fertilizer prices, widening the trade deficit, and fuelling inflation. This calculator shows that real-time compounding effect.

India's Actual Crude Basket (weighted by import share)

Russian Urals 36% -- Discount narrowed to ~$5
Iraqi Basrah 20% -- ~$3-5 below Brent
Saudi Arab Light 15% -- ~$1-2 below Brent
UAE Murban 7% -- Near Brent parity
Others 22% -- Avg benchmark price
India Basket (Wtd Avg)
--
USD/bbl
USD/INR
--
Exchange Rate
Rupee Cost of Crude
--
INR/barrel (actual)
Daily Import Cost
--
Crore INR/day
Daily Oil Consumption
5.9M bbl/day
India is world's 3rd largest oil consumer
EIA / PPAC
Domestic Production
0.59M bbl/day
Only ~10% of demand met domestically
DGH / ONGC
Govt Subsidy Burden
₹1.71L Cr
Fertilizer subsidy FY27 (Union Budget)
Union Budget FY27
Diesel → Food Inflation
Every $10/bbl rise adds ~1.5% to food CPI via transport & farm costs
RBI estimates
Forex Reserve Burn
~$3-5B/mo
RBI selling reserves to defend rupee at 85-87 level
RBI weekly data
OPEC+ Output
Cutting
Production cuts extended, tightening global supply
OPEC Secretariat

Economic Impact on India

Fertilizer Supply Crisis

DisruptedWest Asia conflict has disrupted ammonia and phosphate shipping routes from Oman, Saudi Arabia, and Iran. Delivery delays of 3-4 weeks are increasing landed costs and threatening Kharif season input availability for Indian farmers.
Urea
--
USD/t
--
DAP
--
USD/t
--
MOP
--
USD/t
--

Agriculture Impact

Fertilizer Subsidy FY26--
Import Cost Increase--

Supply Chain & Food Impact

India's Fertilizer Import Share~27%
Key Import Sources at RiskOman, Saudi, Iran
Kharif Crop Input Cost Rise (est.)+12-18%
Food Inflation (CFPI, Feb 2026)+3.47% YoY
MSP Revision PressureHigh
Fertilizer production relies heavily on natural gas. Rising energy prices increase fertilizer costs, which directly push up food prices for 1.4 billion Indians.
Source: World Bank / Dept. of Fertilizers / MOSPI (CFPI Feb 2026)

Economic Impact on India

CAD--% of GDP
CPI Inflation--YoY
Forex Reserves--Bn USD
Oil Import Bill--Bn USD/mo

Stock Market

NIFTY 50 -- --
SENSEX -- --

Key Oil & Gas Stocks

ONGC----
Reliance----
IOC----
BPCL----

Fiscal Pressure

Excise Cut Revenue Loss₹1.55L Cr/yr
Fiscal Deficit Target FY274.3% of GDP
RBI Repo Rate (5.25%)Paused
Every $10/bbl rise in crude widens India's CAD by ~0.4% of GDP, weakens the rupee, and forces RBI to sell forex reserves. The excise cut costs ₹1.55L Cr/year in lost revenue.
Source: Yahoo Finance (^NSEI, ^BSESN) | RBI, MOSPI, Budget FY27

Human & Global Impact

War Casualties

--Casualty figures are contested and vary by source (HRANA, IFRC, government claims). We present ranges from multiple credible sources. Figures update as new reports are verified.
-- estimated killed across all parties Day -- of conflict

India's Response

UN Vote--
Citizens Evacuated--
Diplomatic Stance--
Sources: Loading...

Impact on Indian Diaspora

At RiskOver 9 million Indians work in GCC countries. The conflict endangers safety and employment, especially blue-collar workers in construction, hospitality, and oil services.
-- Indians in Gulf at risk

Remittances at Risk

Gulf Remittances (FY25)--
Total India Remittances--
Gulf Share--
Remittance as % of GDP--
Most Affected States--
Risk if 6-mo Conflict--
Sources: Loading...