Tokelau

Tokelau faces a critical energy security challenge, being 100% reliant on imported oil with an extremely low 8 days of fuel reserves. Gasoline prices are the highest among these nations at $1.72/L, indicating severe economic stress for the archipelago. While Tokelau is geographically distant from the Strait of Hormuz, the global 17 mb/d supply reduction directly translates to exorbitant import costs. The ongoing solar transition offers a long-term resilience factor, but in the short term, the moderate food risk and a 68% jump in fertilizer costs are immediate concerns. The outlook for the coming weeks is critical, with very limited reserves and high prices threatening essential services and livelihoods.