Singapore

Singapore faces significant energy security challenges, importing 100% of its energy and 90% of its food, with direct exposure to the disrupted Strait of Hormuz. Gasoline prices are high at $2.35/L, and critical Qatari LNG disruptions are severely impacting power generation. While current oil reserves stand at 60 days, the nation's reliance on global supply chains for both energy and food makes it highly vulnerable to sustained disruptions. The outlook for the coming weeks suggests continued economic pressure and the need for robust contingency planning to secure essential imports.