Dominican Republic

The Dominican Republic faces high vulnerability due to its 100% oil import dependency, though it has no direct exposure to the Strait of Hormuz. The country is experiencing significant fuel impacts, with gasoline at $1.38/L and 22 days of reserves, and a moderate food risk compounded by a 58% increase in fertilizer prices. However, robust tourism revenues are providing a crucial economic buffer, helping to absorb some of the shocks from the $94.73/bbl Brent crude prices. The outlook for the Dominican Republic suggests continued economic vigilance will be necessary, but its tourism sector offers a degree of resilience against the ongoing global energy crisis.