Saint Kitts and Nevis

Saint Kitts and Nevis is highly vulnerable, relying entirely on imported oil and possessing a critically low 15 days of gasoline reserves, with prices already at $1.45/L. The global oil supply crunch directly threatens its economic stability, impacting all sectors reliant on fuel for transport and power generation. Although geographically distant from the Strait of Hormuz, the severe global supply deficit means the country is facing significant cost inflation for energy and a moderate risk to food security due to fertilizer price increases. The immediate outlook is challenging, with urgent measures needed to secure fuel supplies and mitigate the economic fallout from persistently high energy costs.