Mauritius

Mauritius is highly vulnerable to the global oil crisis, importing all its energy, with gasoline currently priced at $1.42/L and only 22 days of reserves. The nation's tourism-dependent economy is under significant pressure from rising fuel costs and potential travel disruptions, impacting a critical revenue stream. While its Hormuz exposure is low, the overall global supply deficit and elevated Brent prices still translate to high import costs. The outlook for Mauritius in the coming weeks remains challenging, with continued economic contraction expected as long as high energy prices persist.