Switzerland

Switzerland faces low direct energy security risks despite 100% oil import dependency, as it has no exposure to the Strait of Hormuz disruption and maintains robust strategic reserves. Gasoline prices are elevated at $1.92/L, but the country's 100 days of oil reserves provide a significant buffer against immediate supply shocks. The low food risk and moderate fertilizer price increase of 40% suggest broader economic stability. Switzerland is well-positioned to weather the current global energy turbulence in the coming weeks due to its preparedness and diversified supply chains.