India, in Infographics: Energy
Since The Iran War Began, Brent Has Closed Above $85 On 134 Of 165 Trading Days, And Every Day Since 10 August
Each Square Is One Trading Day From 2 March To 23 October 2026. Pick A Reference Price, From $70 To $118, And The Calendar Recolours: At $75, Brent Closed Above It On 157 Of 165 Days.
Pick A Reference Price With The Buttons Or The Slider: Every Square, Count And Run Updates. Hover Or Tap A Square For That Day’s Settlement, How Far It Was From The Reference, And India’s Crude Basket For That Month. Weeks Run Across, Monday To Friday Down.
Days Above $85
134 Of 165
81% Of Trading Days; Every Day Since 10 August
Days Above $75
157 Of 165
Only Eight Closes At Or Below $75, All Between 24 June And 7 July
Average Close Since The War
$96.06
High $118.03 On 29 April; Low $71.57 On 1 July
Indian Basket, October
$120.08
Monthly Average To 22 October; Lowest Month: July, $82.04
The Bottom Line
Brent Has Spent Most Of The War Above $85. Its Longest Spell Below Was 22 Trading Days In June And July, With A Few More Closes Below In Late July And Early August. It Has Closed Above $85 On Every Trading Day Since 10 August, And Above $75 On Every Day Since 8 July.
What The Data Shows
Above $85 For Most Of The War
Brent Settled At $77.74 On 2 March, The First Trading Day After The War Began, And Closed Above $85 From 5 March. It Stayed Above $85 For 70 Straight Trading Days, To 12 June. Since 10 August It Has Closed Above $85 Every Day, 54 In A Row, Ending At $116.72 On 23 October.
One Real Break, In June And July
Brent Closed At Or Below $85 For 22 Trading Days From 15 June To 16 July, Its Longest Spell Below Since The War Began. It Touched $71.57 On 1 July, The Lowest Close In The Period, A Week After Tankers Began Moving Through Hormuz. Brent Was Back Above $85 On 17 July, Ten Days After US Strikes On Iran.
At $75, The Picture Barely Changes
Set The Reference At $75 And Brent Has Closed Above It On 157 Of 165 Trading Days. The Only Closes At Or Below $75 Came In Two Weeks Between 24 June And 7 July; It Has Been Above $75 Every Day Since 8 July, 77 In A Row.
India Pays More Than The Futures Price
India’s Crude Basket, Which Follows Physical Cargoes, Averaged $120.08 In October Against $106.23 For Brent Futures. Its Two Lowest Months Were June, $83.22, And July, $82.04; In Every Other Month Since March It Was Above $85.
Read With Care
$85 And $75 Are Reference Prices
Neither Is A Government Assumption. They Are Round Numbers To Read The Calendar Against; Pick Any Other Value With The Slider.
Which Brent
Squares Show ICE Brent Front-Month Futures At Each Day’s Settlement. On 31 March The Front-Month Series Shows The Expiring May Contract On Its Last Day, At $118.35; The Calendar Uses The June Contract, $103.97, Which Became Front Month The Next Day. Other Expiry Days (30 April, 29 May, 30 June, 31 July, 31 August, 30 September) Show The Expiring Contract, As Reported; The Gap To The Next Contract Was Under $6 On Each, And None Changes Colour At $85 Or $75. 23 October Is The December Contract, $116.72, Then The Front Month.
Blank Squares
Good Friday, 3 April, Had No Trading. On 25 May, 19 June, 3 July And 7 September (US Holidays) ICE Brent Traded, But The Series Used Here Has No Settlement; Those Days Are Left Out Of Every Count.
Sources & Method
Brent
ICE Brent Front-Month Futures, Daily Settlement, US$ Per Barrel, Via Yahoo Finance (BZ=F), Checked Against Reported Settlements For 20 March, 30 April, 4 May, 24 June And 22 October. 23 October: December Contract Settlement, Reuters. 165 Settlements From 2 March To 23 October 2026.
Indian Basket
PPAC (Ministry Of Petroleum And Natural Gas), Crude Oil FOB Price (Indian Basket), Monthly Average Of Daily Prices. October 2026 Is The Average To 22 October.
Counts And Runs
A Day Counts As Above The Reference If Brent Settled Strictly Above It. Runs Count Consecutive Settlements; Holidays With No Settlement Do Not Break A Run. No Settlement In The Period Falls Exactly On A Whole-Dollar Preset.
Data: PPAC, Indian Basket · Yahoo Finance, Brent Futures · Graphic: Brent Vs Petrol In India.
