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 MCO > stress_index: 0.31 STABLE > 2 events · 1 scenarios > refreshed 2026-05-17
BRENT $72.13/b ● TTF €44.25/MWh ● OPEC_ORB n/a SPR_US 331.2 Mb ▼ FAO_FFPI 130.8 ▼
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.
Monaco is a city-state with no domestic energy production and no agriculture, drawing all of its electricity, gas and food from France. Its supply security is entirely a function of its single neighbour. Density and a high-value service economy concentrate consumption in a tiny footprint.
Monaco has no natural freshwater bodies and imports or treats all of its water.
No major lake or reservoir
| STOCK TYPE | RESERVE | DAYS COVER | STATUS |
|---|---|---|---|
| Energy · supply from FranceElectricity and gas are supplied entirely by France; Monaco holds no independent reserve. | import-based | 15days | WATCH |
| Food · commercial stocksWith no agriculture, Monaco depends entirely on imported food through France. | minimal | 15days | WATCH |
$ curl -s https://api.shortage.life/v1/countries/MCO | jq '.stress' > 0.31