Syria

Syria is in a critical energy crisis, severely impacted by 95% oil import dependency and high exposure to the Strait of Hormuz disruptions. Gasoline prices have soared to $1.25/L, with only 8 days of fuel reserves, leading to widespread scarcity. The country faces a critical food risk, further aggravated by an alarming 88% increase in fertilizer prices. Compounded by ongoing conflict and sanctions, Syria possesses minimal resilience factors against the current global energy shock. The outlook for Syria is extremely challenging, with anticipated deepening of energy and humanitarian crises in the coming weeks.