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Brent$90.389.04%
Brent crude stable at $70.00/bbl today.
🇪🇹

Ethiopia

Africa
High Risk
🇪🇹

Ethiopia

High Risk
AI Analysis · Updated daily

Ethiopia faces critical energy security challenges, with 100% oil import dependency and severely limited reserves of just 18 days. The country is already experiencing acute fuel shortages, exacerbated by a foreign exchange crisis that severely restricts its ability to purchase expensive global oil. Food security is also critical, with fertilizer costs surging by 82%, indicating widespread economic distress. The outlook for Ethiopia is dire, with sustained fuel scarcity and deepening economic hardship expected in the coming weeks, potentially leading to social unrest.

$1.18
Gasoline /L
+34.1% vs pre-war
18d
Reserves
3 weeks
+28.5%
Food Inflation
Risk: critical
100%
Oil Imported
Hormuz: low

Fuel Prices

USD primary · ETB (Br) local

Prices shown per litre. Local currency conversion uses live exchange rates.Last updated: Apr 18, 2026

Gasoline
$1.18/L
Br184/L
+34.1% vs pre-war
Diesel
$1.05/L
Br163/L
+34.6% vs pre-war
LPG / Autogas
$0.65/L
Br101/L
Kerosene / Jet A
$0.82/L
Br128/L
Pre-war baseline (Feb 2026): Gasoline $0.88/L · Diesel $0.78/L · Current prices are 34.1% above pre-war levels

3-Month Price History

Feb 21Mar 14Apr 4Br132/LBr147/LBr162/LBr190/LPre-war⚔ War
Pre-war baseline
Iran war starts (Feb 2026)
ETB · live rates

Strategic Oil Reserves

18days
3 weeks
0.6 months
Low — Under 30 days
Source: IEA/EIA
0d30d60d90d180d365d

Energy Dependency Profile

Oil Import Dependency
100%
of total oil consumption
Hormuz Exposure
Low
Strait of Hormuz risk
Food Import Dependency
35%
of food supply imported

Fertilizer & Food Security

Fertilizer Cost Change
+82%
vs pre-war (Feb 2026)
Food Inflation (YoY)
+28.5%
year-on-year CPI food
Food Security Risk
Critical
FAO / WFP assessment
Food Security Alert: Elevated fertilizer costs (+82% since Feb 2026) are reducing crop yields. Food inflation of +28.5% is impacting household purchasing power. Risk of food shortages in coming months if energy costs remain elevated.

News: Ethiopia

Ethiopia at Risk: Energy and Fertilizer shock from Middle East turmoil - hiiraan.com
Ethiopia at Risk: Energy and Fertilizer shock from Middle East turmoil  hiiraan.com
Google News·17h ago
Iran war dampens Easter season for millions in Ethiopia as gas and food prices rise - AP News
Iran war dampens Easter season for millions in Ethiopia as gas and food prices rise  AP News
Google News·4d ago
Aladdin Holdings signs Ethiopia agri-tourism deal - China Daily
Aladdin Holdings signs Ethiopia agri-tourism deal  China Daily
Google News·19h ago
Ethiopia’s short-term Hormuz pain, long-term gas, oil and urea hopes - African Capital Markets News
Ethiopia’s short-term Hormuz pain, long-term gas, oil and urea hopes  African Capital Markets News
Google News·4d ago
Oil price surge is hurting African economies: scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa take stock - The Conversation
Oil price surge is hurting African economies: scholars in Ethiopia, Kenya, Nigeria, Senegal and South Africa take stock  The Conversation
Google News·29d ago
Ethiopia Forced to Cut Fuel Supply by Half - New Business Ethiopia
Ethiopia Forced to Cut Fuel Supply by Half  New Business Ethiopia
Google News·17d ago
Iran war dampens Easter season for millions in Ethiopia as gas and food prices rise - Madison Courier
Iran war dampens Easter season for millions in Ethiopia as gas and food prices rise  Madison Courier
Google News·7d ago
Congo Set to Overtake Ethiopia as Sub-Saharan Africa’s Fifth-Largest Economy - Addis Insight
Congo Set to Overtake Ethiopia as Sub-Saharan Africa’s Fifth-Largest Economy  Addis Insight
Google News·17h ago
A Chinese Firm Looks to Blend Solar Power and Farming in Ethiopia - Birr Metrics
A Chinese Firm Looks to Blend Solar Power and Farming in Ethiopia  Birr Metrics
Google News·14h ago
Ethiopia rations fuel as shortages hit supplies - Middle East Eye
Ethiopia rations fuel as shortages hit supplies  Middle East Eye
Google News·17d ago

Government Response

Major emergency response

Last updated: April 2026

  • IMF emergency credit of $700 million for fuel imports
  • Fuel rationing: commercial vehicles limited to 50 litres/day
  • World Bank emergency food security programme activated
  • Diplomatic efforts to secure preferential crude from Gulf states
✈️

Flight Disruption Risk

Moderate

Jet fuel prices have risen ~38% above pre-war levels globally. Expect fuel surcharges on most international routes. No specific disruption data available for this country.

View full flight disruption tracker →

Inbound Supply Ships

IntelligenceFull manifest →

No inbound tankers detected

May indicate supply disruption

Crisis Summary

Risk LevelHigh Risk
Hormuz Exposurelow
CurrencyETB (Br)
RegionAfrica
Data SourcesIEA · EIA · FAO · WFP
View on Crisis Map
See global context

Data: IEA, EIA, World Bank, FAO, GlobalPetrolPrices.com · Updated daily

Not financial advice. For informational purposes only.