Micronesia

Micronesia is critically vulnerable, relying entirely on imported oil with only 12 days of gasoline reserves, resulting in high prices of $1.58/L. As a very remote island nation, its logistical challenges are amplified by the 17 mb/d global oil supply deficit and high Brent crude prices, making securing consistent and affordable fuel extremely difficult. The 65% increase in fertilizer costs also poses a significant threat to food security, despite a moderate overall food risk rating. The outlook for Micronesia in the coming weeks suggests continued economic stress and potential for fuel scarcity, necessitating urgent measures to maintain essential services and supply lines.