Which Countries Would Suffer Most in a Global Energy Shutdown? This Study Has Answers
The US-Israeli battle on Iran has rattled vitality markets, with many nations taking measures to preserve gasoline.
Amid this, a March 2026 research by Energy World Mag examined 75 nations throughout seven elements to find out which nations would wrestle most throughout world vitality disruptions.
The research scored every nation on a 0-100 scale, with increased scores indicating larger threat if vitality provides are disrupted. The elements included fossil gasoline dependency, vitality self-sufficiency, reliance on gasoline imports, and extra.
Singapore Leads Energy Vulnerability Ranking
Singapore topped the record. The city-state earned the highest vulnerability rating of 85.2. Nearly 98% of its vitality comes from fossil fuels.
Moreover, Singapore imports 100% of its pure gasoline. Its vitality imports exceed domestic manufacturing by 243%.
Turkmenistan positioned second with a rating of 80.7. The nation derives 100% of its energy from fossil fuels, with zero different capability. Average incomes of roughly $9,000 additionally restrict the inhabitants’s means to absorb price spikes.
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Hong Kong adopted at 80.2. The metropolis imports 176% extra vitality than it produces and depends on abroad sources for all of its pure gasoline.
Morocco (74.6) and Belarus (74.2) spherical out the highest 5, each importing the overwhelming majority of their vitality. At the identical time, low common incomes ($4,000 and $8,000, respectively) go away their populations with restricted capability to deal with worth shocks.
An vitality market analyst from World Energy Mag warned that even rich economies like Germany and Italy confronted vitality rationing through the 2022 disaster. Smaller import-dependent markets like Singapore and Hong Kong have even much less capability to deal with disruptions.
“Germany and Italy needed to ration vitality regardless of being among the many world’s largest economies. The distinction is that locations like Singapore or Hong Kong have even much less room to maneuver as a result of they produce virtually no home vitality. When provides get disrupted, they will’t simply change to native coal or enhance their very own gasoline manufacturing,” the analyst stated.
Nonetheless, Singapore’s Minister for Manpower Tan See Leng noted that about half of the nation’s gasoline arrives through piped pure gasoline, unaffected by the Middle East battle. The authorities additionally maintains a gasoline stockpile.
Still, with Brent crude exceeding $116 per barrel and supply disruptions anticipated to proceed, considerations are rising. Whether present emergency reserves can take up a extended disruption stays an open query for policymakers and markets alike.
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