Myanmar

Myanmar faces a high-risk energy security situation, compounded by existing political instability and its 82% oil import dependency. Gasoline prices are at $0.88/L, with only 22 days of reserves, indicating significant vulnerability to global supply shocks and the disrupted Strait of Hormuz. While domestic resilience is limited due to internal strife, the country's moderate Hormuz exposure offers a slight buffer compared to more directly impacted nations. The outlook for the coming weeks is grim, with potential for further fuel shortages and economic strain if global oil prices remain elevated and supply disruptions persist.