Antigua and Barbuda

Antigua and Barbuda is highly vulnerable to the ongoing oil crisis, relying entirely on imported oil for its energy needs, though it lacks direct Hormuz exposure. Current gasoline prices stand at $1.42/L, and the country possesses only 18 days of fuel reserves, posing an immediate threat to its tourism-dependent economy. Food security faces moderate risk, exacerbated by a substantial 55% increase in fertilizer costs. The outlook suggests continued economic strain, as the nation's limited energy diversification offers little buffer against prolonged global oil market volatility.