Taiwan

Taiwan is highly vulnerable to the ongoing crisis, with a 99% oil import dependency and direct exposure to Hormuz disruptions, exacerbated by its heavy reliance on Qatari LNG for power generation. Gasoline prices are at $1.98/L, and the rapid consumption of strategic oil reserves, currently at 90 days, signals an urgent situation. Its critical infrastructure, particularly power generation, is under strain due to LNG supply chain instability. The coming weeks will see continued drawdowns from reserves and potential energy rationing as the government scrambles to secure alternative supplies and manage demand.