Energy shock since 1973
Hormuz restrictions and rerouting delays create compounding import and inflation pressure.
INR 92.34USD/INR defended near record low
$156/bblIndia crude basket
25 daysStrategic reserve cover
$723BFX reserves after intervention
Top Briefs · India Lens
VULPES confidence: high
RBI intervention burn
Rupee defense buys time but raises reserve sustainability concerns if disruption extends.
Russian crude dependence
42% import share provides near-term cushion with medium-term sanction and policy risk.
Operational exposure
LPG spike, LNG constraints, and logistics lag are transmitting shock to households and industry.
War Room · India
Status
- Hormuz disruption remains primary macro risk driver.
- Russian and Saudi procurement channels under active expansion.
- Indian Ocean naval posture remains elevated.
- Domestic fuel-price sensitivity now a policy-critical variable.
What to Watch
48-72 hour triggers
- Tanker arrivals into Mundra and Paradip.
- Daily RBI intervention volume and rupee close levels.
- Fresh bilateral crude contract announcements.
- LPG and fertilizer supply normalization signals.