European winter gas-supply squeeze.
prob 0.46
severity 4.1 / 5 · revision 2026-05-10elevated · 45 European markets · gas + power + storage refill$ shortage country get LVA > stress_index: 0.44 STABLE > 5 events · 1 scenarios > refreshed 2026-05-17
BRENT $84.27 ▲ TTF €31.50 ▼ OPEC_SP 3.8 mb/d ● SPR_US 372.4 Mb FAO_FFPI 121.4 ▲
The v3.2 stress index is a six-axis composite of energy and food exposure, geopolitical pressure, fiscal headroom, demography and supply concentration, normalised to a 0–1 scale.
Latvia hosts the Inčukalns underground gas storage, the strategic buffer for the entire Baltic region, and draws much of its power from hydro and biomass. It joined the continental European grid in 2025 after severing Russian links, and runs a large cereal surplus.
Latvia has plentiful water resources and many lakes.
| STOCK TYPE | RESERVE | DAYS COVER | STATUS |
|---|---|---|---|
| Oil · compulsory reserveIndustry holds the EU-mandated 90 days of net oil-import cover. | ~90 days | 90days | STABLE |
| Natural gas · Inčukalns underground storageInčukalns is the principal strategic gas store for the Baltic states, anchoring regional winter supply. | ~2.3 Bcm working gas | 120days | STABLE |
| Grain · exportable surplusLatvia runs a large cereal surplus exported through Baltic ports. | ample | 140days | STABLE |
$ curl -s https://api.shortage.life/v1/countries/LVA | jq '.stress' > 0.44