Djibouti

Djibouti is highly vulnerable to the current global oil crisis, importing 100% of its oil with only 15 days of gasoline reserves and direct exposure to Hormuz disruptions. Despite earning transit fees from its strategic port, the elevated Brent crude price of ~$90.38/bbl and global supply deficit are driving gasoline prices to $1.35/L. The nation faces high food risk due to a 72% increase in fertilizer costs, compounding economic pressures. While its port status offers some economic resilience, the outlook suggests continued fuel price increases and potential supply interruptions, threatening its vital transit operations and domestic stability.