Netherlands

The Netherlands faces moderate energy security risks, largely due to its 100% oil import dependency and moderate Hormuz exposure, with gasoline at $1.92/L. As a major European energy hub, disruptions have significant regional implications, though it holds a strong 85 days of oil reserves. The country's extensive port infrastructure is crucial for European energy distribution, but also makes it highly exposed to global supply chain shocks. The coming weeks will see the Netherlands playing a critical role in managing regional energy flows while grappling with its own elevated fuel costs.