Mozambique

Mozambique is at high risk, severely impacted by its 100% oil import dependency despite its future potential as an offshore gas producer. The current global oil supply deficit and high Brent prices are driving domestic gasoline costs to $1.22/L, stressing an already fragile economy. Fuel reserves are critically low at 18 days, raising concerns about imminent supply shortages. The high food risk, compounded by a 68% increase in fertilizer costs, threatens widespread food insecurity and agricultural disruption. Without immediate relief from global oil markets, Mozambique faces escalating economic and social instability in the coming weeks.