Grenada

Grenada faces high energy security risk due to 100% oil import dependency, with no direct exposure to the Strait of Hormuz. Gasoline prices are already elevated at $1.45/L, and fuel reserves are critically low at just 18 days, threatening the vital tourism economy. While food risk is moderate, fertilizer costs have surged by 58%, impacting agricultural stability. The outlook for Grenada is challenging, as its economic resilience is limited against sustained high oil prices and potential supply disruptions in the coming weeks.