# India Energy Tracker

> Live tracker of the 2026 West Asia conflict's impact on India's oil, fuel, fertilizer, and economy. Real-time oil prices, OMC daily losses, war casualties, Strait of Hormuz status, India crude basket, fuel taxes, state-wise supply, and editorial analysis. Maintained by The Core (https://www.thecore.in), an India-focused business and economy publication.

## About

The India Energy Tracker monitors the second-by-second economic and humanitarian impact of the 2026 Iran-Israel-US war on India. Live data is sourced from OilPriceAPI (Brent, WTI), Yahoo Finance (USD/INR, Sensex, Nifty, Gold, Natural Gas, OMC stocks), RBI (forex reserves), PPAC (fuel prices, import shares), and curated editorial analysis from Al Jazeera, CNBC, Reuters, Bloomberg, NPR, NBC, BBC, NY Times, Fortune, CBS News, TIME, Foreign Policy, FDD, ING, S&P Global, IEA.

The dashboard is updated continuously: oil/forex/equity prices refresh every 60 seconds; editorial pinned entries are curated daily by The Core team; OMC daily under-recovery losses are recomputed every 2 hours from live Brent via GitHub Actions cron.

## War Context (current state — Day 138 / Jul 16, 2026)

- **WAR RESUMED.** The June 17 ceasefire MOU **collapsed on July 8, 2026** after attacks by both sides; Trump declared it "over". **US strikes resumed July 13** and CENTCOM restored its naval blockade of ships to and from Iranian ports. Trigger: **July 6-7 attacks on three ships in the Strait of Hormuz** (incl. the Qatar-flagged LNG carrier Al Rekayat and Saudi supertanker Wedyan) — damage and an evacuation, no casualties reported in those strikes. Indian seafarers WERE killed later: one on the GFS Galaxy (confirmed Jul 14) and one on the Mombasa B (Jul 14, 8 injured incl. 6 Indians); 3 Indian sailors were killed by a US strike off Oman on Jun 12. Brent moved ~$76 (Jul 10) → ~$85 (Jul 16). Sources: [2026 Iran war ceasefire](https://en.wikipedia.org/wiki/2026_Iran_war_ceasefire), [2026 Strait of Hormuz crisis](https://en.wikipedia.org/wiki/2026_Strait_of_Hormuz_crisis), [CNN Jul 13](https://www.cnn.com/2026/07/13/world/live-news/iran-war-trump)
- **Doha talks**: indirect US-Iran rounds ran Jun 30-Jul 2 and stalled over the Strait. Iran claims joint sovereignty over Hormuz with Oman and wants passage tolls once the MOU's 60-day term ends; the US argues an international waterway needs Gulf endorsement. Iran cites **"Clause 13"** to bar final-deal talks until Washington implements the interim terms ([Axios](https://www.axios.com/2026/07/01/iran-talks-doha-tolls-strait-hormuz), [The National](https://www.thenationalnews.com/news/mena/2026/07/02/us-and-iran-conclude-hormuz-dominated-indirect-talks-in-doha/))
- War start: February 28, 2026 (US-Israel "Operation Epic Fury", 900 strikes in 12 hours, killed Iran Supreme Leader Ali Khamenei)
- Strait of Hormuz blockade: ongoing since Day 1 (~96% reduction in tanker traffic, 3-5 ships/day vs 129/day pre-war)
- NOTE: the bullets below this line are a **May 15, 2026 (Day 76) snapshot** retained for historical context — they are not current.
- **FOUR PETROL+DIESEL HIKES + FOUR CNG HIKES + ONE LPG HIKE (May 15 - Jun 7)**: Public-sector OMCs ended the four-year P+D freeze; IGL ran a separate CNG cadence; LPG joined on Jun 7. **May 15** — first revision since April 2022: Delhi petrol ₹94.77 → ₹97.77 (+₹3), diesel ₹87.67 → ₹90.67 (+₹3), CNG ₹77.09 → ₹79.09 (+₹2/kg). LPG ₹913 unchanged. **May 19** — petrol +87-99p, diesel +91-99p (Delhi petrol → ₹98.64). CNG and LPG held. **May 23** — petrol +87p to ₹99.51, diesel +91p to ₹92.49, CNG +₹1. **May 25** — STEEPEST SINGLE-DAY P+D MOVE: petrol +₹2.61 to Delhi ₹102.12 (Mumbai ₹111.18, Kolkata ₹113.47, Chennai ₹107.77, Bangalore ₹110.93, Hyderabad ₹115.69), diesel +₹2.71 to ₹95.20; CNG/LPG held. **May 26** — IGL CNG +₹2 to ₹83.09/kg for Delhi NCR (MGL Mumbai matched). Petrol/diesel/LPG held. **Jun 7 (Day 99)** — DOMESTIC LPG +₹29/cyl: Delhi ₹913 → ₹942 (Mumbai ₹941.50, Kolkata ₹968, Chennai ₹957.50, Hyderabad ₹994). Second LPG hike in 3 months (Mar 7 was +₹60). IOC/BPCL/HPCL cite ~₹703/cyl loss before today's revision. Petrol/diesel/CNG held this round. **Cumulative since May 15: Delhi petrol +₹7.35, diesel +₹7.53, CNG +₹6, LPG +₹29.** Triggers: fortnightly-average crude (OMC P+D); input gas costs + USD (IGL CNG); per-cylinder OMC losses (LPG).
- **RBI WEEKLY FOREX PRINT $690B** (week ending May 1, RBI, published May 8) — down $7.7B w/w. CORRECTION: this page previously published "$694.81B, first sub-$695B since April 2024". No $694.81B print exists, and the superlative is contradicted by the record — reserves were already $691.1B at end-March 2026.
- **FM convenes CCEA (Cabinet Committee on Economic Affairs) for May 16** to review fuel-price, excise, and OMC-compensation options
- **EU extended its Iran designation framework on May 22, 2026** (Council Decision (CFSP) 2026/1157 + Reg. (EU) 2026/1164, in force May 27), widening asset-freeze/travel-ban grounds to those impeding lawful Hormuz transit. CORRECTION: this page previously said "SWIFT secondary sanctions, May 19 EU Council" — wrong date, wrong mechanism, and no new designations were actually made.
- **Iran reportedly considering Qatar's mediation offer** per IRNA — first diplomatic opening since Pakistan's back-channel paused
- **Trump (Florida rally, May 15)**: "We'll see, we'll see — but I'm not a patient man."
- Pakistan extends fuel rationing through May 31 (fourth extension since war began)
- Relief rally fades on May 15 as brokers predicted: Sensex -187 pts (-0.25%) to 74,659; Nifty -57 to 23,406. Week: Sensex -2.8%, Nifty -2.7%. FII outflow Day 76: ₹1,910 Cr; 6-day cumulative ₹10,510 Cr — heaviest sustained outflow since COVID-March 2020
- Brent firms to $109.21 (+0.73%); WTI $103.45
- USD/INR ₹95.64 (slight weakening from ₹95.58 Day 75)
- India crude basket $107.4/bbl
- OMC daily loss ₹2,225 Cr/day; cumulative since Feb 28 ~₹1.44 lakh-Cr
- 10-yr G-sec yield 7.18% (up from 7.12); RBI bond-buying expected next week
- Iran's earlier May-10 counter-demands: war-damage reparations, blockade end, sanctions relief, US recognition of Iranian sovereignty over Strait of Hormuz (deal-breaker), only phased nuclear concessions
- India VIX rose to 21.6 from Day-75's 20.8; Nifty Realty -6.0% on the week (leading sectoral loser)
- ICRA: if Brent holds $105+ through June, OMC FY27 H1 PAT collapses to single-digit ₹Cr
- India's FY26 crude+petroleum imports: $174.9 billion = 22% of all imports
- 10-week war anniversary passed May 9 — longest direct US-Iran conflict ever

## Key Live Metrics

- Brent crude: https://energy.thecore.in/api/oil
- USD/INR: https://energy.thecore.in/api/forex
- Sensex/Nifty: https://energy.thecore.in/api/stocks
- India fuel prices (city-wise): https://energy.thecore.in/api/fuel
- War casualties + diaspora: https://energy.thecore.in/api/conflict
- OMC daily loss — TWO deliberately distinct figures (they diverge whenever spot runs ahead of the 14-day average, so we publish both rather than let them contradict):
  - (a) ABSORBED ~₹50 Cr/day — max(0, (14-day-average Brent − $72) × ₹62.5) minus the post-May-15 retail-hike recovery (~₹280 Cr/day). This is what OMCs actually book: they price on a fortnightly average, and the four hikes since May 15 are recouped on every litre sold. This is the number on the OMC Daily Loss tile.
  - (b) GROSS AT SPOT ~₹850 Cr/day — max(0, (spot Brent − $72) × ₹62.5). The simple headline formula, before any hike recovery.
  - Both rounded to the nearest ₹50 Cr. At Brent $85.33 (Jul 16, 2026) the 14-day average still trails spot after the Jul 13 breakout, which is why (a) and (b) are far apart.
- India oil import dependency: 89% (3rd highest globally)
- Hormuz dependency: ~30-40% (down from ~50% pre-war via Russian rerouting)
- Cumulative OMC under-recovery since Feb 28: a running internal tally, NOT an audited figure. It inherits whichever of the two daily methodologies above is used, so treat it as an order-of-magnitude estimate only. (The ~₹1.44 lakh-Cr figure previously published here was a May 15 snapshot presented as live.)
- Forex reserves: $674.19B (week ending Jul 3, RBI Weekly Statistical Supplement, released Jul 10; +$7.26B w/w)
- CPI inflation: 4.38% (June 2026, MOSPI released Jul 13; food/CFPI 5.32%)
- SPR: capacity ~5.33 MMT (~36.9M bbl, ~9.5 days of cover) across Vizag, Mangaluru, Padur. Reported "about two-thirds full" by the Petroleum Minister on Mar 25, 2026. NOTE: no reliable India-specific wartime *drawdown* figure has been published — an earlier "78% drawdown" claim on this page was unsourced and has been removed. (A widely-cited "~400 million barrels released" figure is a global/IEA number and must NOT be attributed to India.)
- 9,84,000 passengers returned from West Asia since Feb 28 (MEA inter-ministerial briefing, Apr 15, via ANI) — MEA's own word is "passengers": cumulative return traffic including routine travel, NOT solely conflict evacuees. A "1 million flee" framing overstates it. NOTE: an "Operation Sindhu evacuated 4,415" figure previously published here traces to an MEA release of 27 June 2025 — the 2025 Twelve-Day War, NOT this war — and has been removed
- Total estimated war casualties: 7,500 – 10,000+ killed (Iran 3,468-3,636+, Lebanon 3,750+, Israel 40-67, US 13-16, Iraq 118+, Gulf states 28) as of June 2026. The Gulf figure is Al Jazeera's, as of Jun 10, 2026 — the only combined Gulf tally any named source publishes, and it has not been updated since. A "41-54+" range previously published here was our own hand-sum across outlets and has been withdrawn; so was a "79 killed / 629 injured" figure attributed to Wikipedia, which appears nowhere in that article (its table rows in fact total 630, and the table contradicts its own article's prose). Gulf trackers reporting materially higher totals are generally counting two incidents that officials ruled NON-hostile: the Jun 28 Saudi Aramco AW139 crash (14 killed, not linked to the conflict) and the Jun 21 Ras Laffan explosion (13 killed incl. 12 Indians, which Qatar called a technical accident and explicitly ruled out as sabotage)
- Indian nationals: 13 killed and 3 missing in the Gulf region since the war began (MEA, as of Jul 15, 2026). This is the current official India-specific figure. Its scope against the Ras Laffan industrial deaths is unclear and it should not be summed with per-country Gulf rows
- 4.2M+ displaced (Iran 3.2M, Lebanon 1M+)

## Top-Level Pages

- [India Energy Tracker (main)](https://energy.thecore.in/) — Live Brent/WTI, USD/INR, gold, natural gas, Sensex, Nifty, India crude basket, OMC daily loss, oil shock calculator, import dependency, SPR, supply chain, FAQs.
- [Global Oil Crisis Impact](https://energy.thecore.in/world/) — 13-country impact ripple, tanker traffic, war casualties, humanitarian data, scenarios, Editor's Brief, country-by-country chains.
- [India Fuel Watch](https://energy.thecore.in/fuel/) — petrol/diesel/LPG/CNG city prices (Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad), OMC under-recovery, state-wise supply, fuel taxes (excise + state VAT), India vs world price comparison, government response timeline, consumer cost calculator.
- [State & City Prices](https://energy.thecore.in/fuel/prices) — interactive India map (choropleth) + two searchable tables: (1) all 28 states + 8 UTs and (2) ~788 cities across India, each with live petrol, diesel and LPG (14.2 kg cylinder) prices. Petrol/Diesel/LPG fuel toggle on the map and stats. Daily snapshot refreshed by the editorial cron. Click a state on the map to highlight it in the states table.
- [5-Year Historical View](https://energy.thecore.in/history) — Brent crude vs USD/INR (5-year line chart with macro-event annotations), India fuel 6-metros petrol/diesel revision history, the price difference chart (post-May-2022 reconstruction of what consumers paid vs what they'd have paid using the Oil Shock Calculator's elasticity applied to real historical Brent × USD/INR), India crude basket FY averages, methodology + verification tiers (Primary / Press).
- [About this Dashboard](https://energy.thecore.in/about) — methodology, sources, FAQs, contact.

## Public APIs (no auth, free, JSON)

- /api/oil — Brent, WTI, Natural Gas (live, 5-min cache)
- /api/forex — USD/INR (live)
- /api/gold — Spot gold (live)
- /api/stocks — Sensex, Nifty (live)
- /api/oilstocks — IOC, RIL, ONGC, BPCL (live)
- /api/fuel — petrol/diesel/LPG/CNG by major Indian city
- /api/india-state-prices — all 28 states + 8 UTs + ~788 cities, with petrol / diesel / 14.2 kg LPG price per row. JSON, refreshed daily.
- /api/power — All-India live demand + generation mix (thermal/hydro/nuclear/gas/solar/wind), proxied from National Power Portal / MERIT INDIA. Includes 24-hour time-series.
- /api/imports — India crude import shares + suppliers + Hormuz dependency
- /api/economy — CAD, CPI, forex reserves, oil import bill
- /api/conflict — war casualties, India response, Indian diaspora, war days, conflict status
- /api/timeline — pinned editorial + RSS news (Al Jazeera, CNBC, BBC, Reuters, NY Times)
- /api/dates — last-updated dates per section
- /api/fertilizers — Urea, DAP, MOP

## Structured datasets (schema.org Dataset)

Two pages on this site publish proper Dataset JSON-LD, making them discoverable via Google Dataset Search and citable in AI summaries:

- **State-wise fuel prices** — https://energy.thecore.in/fuel/prices
  - Variables: petrol (₹/L), diesel (₹/L), LPG 14.2 kg cylinder (₹)
  - Coverage: India (28 states + 8 UTs + ~788 cities)
  - Temporal: 2026-02 onwards, refreshed daily
  - Download: /api/india-state-prices (JSON, CC BY 4.0)

- **5-year fuel + crude time series** — https://energy.thecore.in/history
  - Variables: Brent crude (USD/bbl), USD-INR, India crude basket (USD/bbl), Delhi petrol retail (₹/L), Delhi diesel retail (₹/L), oil-shock counterfactual petrol (₹/L)
  - Coverage: India, daily closes
  - Temporal: 2021-05-23 onwards
  - License: CC BY 4.0

## Common Questions (with cite-ready answers)

### What is the current Brent crude price?
Brent crude is trading at $85.33 on Jul 16, 2026, down $0.32 (-0.37%) — a mild pullback after a three-session breakout that added $12.01 from Friday's $73.74 close. The $72 CCEA reference remains $13.33 below spot.


### How much are Indian Oil Marketing Companies (OMCs) losing daily?
The OMC daily under-recovery meter stands at ₹850 Cr on Jul 16, 2026 — third consecutive ₹850-Cr session, per the (Brent-72)×62.5 formula. Cumulative 137-day under-recovery is now approximately ₹1.98 lakh-Cr.


### Is the Strait of Hormuz still blocked?
Yes. Day 138 marks the sixty-fifth consecutive baseline session at 3 vessels/24-hr, versus a 129/day pre-war run-rate — roughly a 97.7% reduction. Aramco's ~100M bbls/week supply-loss signal remains unrevised.


### What is the impact on Indian fuel prices?
**Four P+D hikes + four CNG hikes + one LPG hike (May 15 - Jun 7, 2026).** May 15 (Day 76): Delhi petrol ₹94.77 → ₹97.77 (+₹3), diesel +₹3, CNG +₹2/kg. May 19 (Day 80): petrol +87-99p, diesel +91-99p (Delhi → ₹98.64); CNG/LPG held. May 23 (Day 84): petrol +87p to ₹99.51, diesel +91p to ₹92.49, CNG +₹1. May 25 (Day 86) — STEEPEST single-day P+D move: petrol +₹2.61 to Delhi ₹102.12 (Mumbai ₹111.18, Chennai ₹107.77, Kolkata ₹113.47, Bangalore ₹110.93, Hyderabad ₹115.69), diesel +₹2.71 to ₹95.20; CNG/LPG held. May 26 (Day 87) — IGL CNG +₹2 to ₹83.09/kg for Delhi NCR (MGL Mumbai followed); petrol/diesel held. **Jun 7 (Day 99) — DOMESTIC LPG +₹29/cyl: Delhi ₹913 → ₹942** (Mumbai ₹941.50, Kolkata ₹968, Chennai ₹957.50, Hyderabad ₹994). Second LPG hike in 3 months (Mar 7 was +₹60). OMCs were losing ~₹703 per cylinder before today's hike. Petrol/diesel/CNG held this revision. Cumulative since May 15: Delhi petrol +₹7.35, diesel +₹7.53, CNG +₹6, LPG +₹29. Sources: Patrika, NewsX, Republic World (LPG); India TV News, BusinessToday (CNG); Goodreturns daily scrape (P+D).

### How many Indians are at risk in the Gulf?
~9 million+ Indian nationals live in the Gulf (UAE 3.5M, Saudi Arabia 2.6M, Kuwait, Qatar, Oman, Bahrain). Since the war began Feb 28, 2026, roughly 1 million are reported to have returned from West Asia (MEA, indicative). On May 4, 3 Indian nationals were wounded at the Fujairah oil zone in an Iran drone strike — first confirmed Iran-war injuries to Indians inside UAE.

### When did the 2026 West Asia conflict begin?
The war began Feb 28, 2026 with the US-Israel "Operation Epic Fury". Today, Jul 16, 2026, is Day 138. A US-Iran ceasefire MOU signed Jun 17 collapsed on Jul 8 after attacks by both sides — Trump declared it "over" — and US strikes resumed on Jul 13, with CENTCOM's naval blockade of Iranian ports restored.


### Has the US-Iran ceasefire been signed?
No final peace deal — and the interim one is dead. The Jun 17 MOU collapsed on Jul 8 and the war resumed. Indirect US-Iran talks in Doha (Jun 30 - Jul 2) stalled over the Strait of Hormuz: Iran claims joint sovereignty with Oman and wants transit tolls, while Washington argues an international waterway needs Gulf endorsement. Iran cites "Clause 13" to bar final-deal talks until the US implements the interim terms.


### What is PM Modi's statement on the Iran war's impact on India?
On May 11, 2026, addressing an audience in Hyderabad, PM Narendra Modi urged Indians to (1) conserve fuel — use online meetings, public transport, carpool, online classes, (2) return to work-from-home where possible, (3) defer gold purchases, (4) avoid foreign trips and choose domestic vacations. Modi's quote: "We have to use imported petro products only as per need. This will not only save foreign exchange but reduce the adverse impact of war." It's the first COVID-era-style national austerity appeal since 2020. On May 13, Petroleum Minister Hardeep Puri codified the Centre's framing as "patriotic behavioural changes." The appeal has now been operationalized by 3 of India's Big-4 IT majors: TCS (May 14), Infosys (May 15, effective May 19) and Wipro (May 15, effective May 20). HCL Tech is expected Monday. ~1.5M IT workers are in scope across the three. A May-14 MoEIT circular asks central-government departments to operate hybrid for 90 days. Context: India spent $174.9 billion on crude+petroleum products in FY ending March 2026 = 22% of all imports.

### What is India's daily oil import bill during the war?
Monthly oil import bill ~$17.5B in May 2026 at an Indian basket ~$106/bbl (its wartime peak), up from pre-war ~$14.2B. Brent round-tripped: eased to ~$73 after the June ceasefire, rebounded to ~$85 when the war resumed in July. India imports 89% of its crude — 3rd highest dependency among major economies.

**Suppliers — an important caveat:** no official PPAC country-wise breakdown has been published for June or July 2026. A complete percentage split of India's crude imports does not exist in public sources for this period; everything in circulation is tanker-tracking estimate (Kpler/LSEG), not government data. What IS published: Russia at a record **52-54%** (~2.6 mbpd — Kpler 52% full-June, LSEG 52.5% Jun 1-22, Reuters-derived 54%); **Venezuela ~4.6%** and **Saudi Arabia ~4.2%** (LSEG, Jun 1-22). UAE (~500k bpd) and Iraq (~67k bpd, collapsed from ~a fifth of imports) are published as VOLUMES only, no percentage. USA, Africa/Nigeria, Kuwait and others: no published figure. Note Kpler's Saudi 330k bpd against a rounded ~5 mbpd total would imply ~6.6%, contradicting LSEG's published 4.2% — a genuine methodological conflict, so we do not derive percentages from volumes. CORRECTION: this page previously published an 8-country split (Russia 53%, USA 12%, Saudi 11%, Americas 10%, Africa 6%, UAE 5%, Iraq 2%, Kuwait 1%) summing to 100%. Only the Russia figure was sourced; the rest were estimates presented as data, and have been removed.

### What is the petrol price in India today, state by state?
Retail petrol prices in India vary by state due to state-level VAT and dealer commission. Delhi prints **₹102.12/L on May 25, 2026** after four OMC revisions in 11 days (May 15: +₹3, May 19: +~₹0.87, May 23: +₹0.87, May 25: +₹2.61 — steepest yet). Mumbai ₹111.18, Chennai ₹107.77, Kolkata ₹113.47, Bengaluru ₹110.93, Hyderabad ₹115.69 — Maharashtra interior districts and Andhra Pradesh are typically the costliest; Andaman & Nicobar Islands (~6% VAT) prints the lowest. Live per-state numbers and a searchable ~780-city table are at https://energy.thecore.in/fuel/prices. JSON feed: https://energy.thecore.in/api/india-state-prices.

### Why are petrol and diesel prices different in each Indian state?
The OMC base price (IOCL/BPCL/HPCL refinery + freight + dealer commission) is broadly uniform across India. The price you pay at the pump differs because each state and UT levies its own VAT or sales tax on top of central excise. State VAT ranges from ~14% (Andaman & Nicobar) to ~36% (Maharashtra interior districts), producing the ₹6-15/L spread you see between states.

### When were Indian petrol prices last revised?
OMCs revised petrol+diesel **four times in 11 days** in May 2026 (first revisions since the May 22, 2022 freeze), IGL revised CNG **four times in 12 days**, and domestic LPG was hiked on **Jun 7 (+₹29/cyl)**. May 15: Delhi petrol +₹3/L (₹94.77 → ₹97.77), diesel +₹3, CNG +₹2/kg. May 19: petrol +~₹0.87, diesel +~₹0.91 (CNG/LPG held). May 23: petrol +₹0.87 to ₹99.51, diesel +₹0.91 to ₹92.49, CNG +₹1. May 25: petrol +₹2.61 to ₹102.12, diesel +₹2.71 to ₹95.20 — steepest P+D move; CNG/LPG held. May 26: IGL CNG +₹2 to ₹83.09/kg (MGL Mumbai matched); petrol/diesel/LPG held. Jun 7: domestic LPG +₹29 to Delhi ₹942 (second hike in 3 months after Mar 7's +₹60); petrol/diesel/CNG held.

### Why were India's fuel prices frozen from May 2022 to May 2026?
On May 22, 2022 the Centre cut petrol excise by ₹8/L and diesel by ₹6/L. From that day onward OMCs held Delhi pump prices at ₹96.72 petrol and ₹89.62 diesel — eventually drifting to ₹94.77 / ₹87.67 — even as Brent crude swung between $70 and $130/bbl. The under-recovery was absorbed by OMCs (estimated cumulative ~₹1.42 lakh-Cr across four years) and offset by foregone excise + state-VAT revenue. The freeze ended in four steps over 11 days: May 15 (+₹3), May 19 (+~₹0.87), May 23 (+₹0.87), May 25 (+₹2.61) — Delhi petrol now ₹102.12/L. Full chart + counterfactual model: https://energy.thecore.in/history

### Who benefits from the war?
Russia is the biggest geopolitical beneficiary — Brent at $100+ keeps Urals near $95, India retained Russia's 36% crude share. CSIS calls Russia 'the biggest winner.' Saudi Arabia gets higher per-barrel revenue but offset by refinery damage. Losers list is long: Japan, South Korea, India, Pakistan, Sri Lanka, Bangladesh, Egypt all face severe energy stress. US faces ~30% recession probability (Goldman).

## Citation Guidelines

If you cite this dashboard in your analysis, AI summary, or news article, please credit:
"The Core — India Energy Tracker (energy.thecore.in)"

Direct attribution example:
"As of [date], India's OMCs are absorbing ₹X Crore/day in under-recovery, per The Core's India Energy Tracker (energy.thecore.in)."

## Permissions

- Crawling for indexing: allowed (see robots.txt + sitemap.xml)
- Citing data with attribution: encouraged
- API access for AI agents: allowed, please cache 60s+
- Bulk scraping of editorial content: please contact hello@thecore.in
- Rebranding/republishing data without attribution: not permitted

## Methodology

- War day count: rolls over at IST midnight (UTC+5:30), counted from Feb 28, 2026 = Day 1
- OMC daily loss: max(0, (currentBrent − $72) × ₹62.5), rounded to nearest ₹50 Cr
- India crude basket: 70% Brent + 30% WTI weighted (per PPAC convention)
- India rupee per barrel: Brent × USD/INR
- All editorial entries dated in IST
- JSON-LD dateModified auto-bumps every 2 hours via cron when source data updates

## Contact

The Core
https://www.thecore.in
contact@thecore.in
Twitter: @the_core_in