Lithuania

Lithuania, despite 100% oil import dependency, demonstrates moderate resilience to the global energy crisis, having successfully diversified away from Russian energy sources. Gasoline prices are elevated at $1.72/L, but 85 days of reserves provide a solid buffer against immediate supply shocks. The operational LNG terminal further strengthens its energy security, offering flexibility in gas imports. The outlook for Lithuania suggests continued stable fuel supplies, though consumers will likely bear the brunt of sustained high global crude prices, impacting inflation and discretionary spending in the coming weeks.