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 SRB > stress_index: 0.47 WATCH > 4 events · 2 scenarios > refreshed 2026-05-17
BRENT $105.4/b ▼ TTF €81.97/MWh ▲ OPEC_ORB $108.8/b ● SPR_US 286.6 Mb ▼ FAO_FFPI 133.3 ▲
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.
Serbia imports most of its oil and gas, with gas supplied largely by Russia via TurkStream, and runs its power system on domestic lignite. It hosts the Russian-linked NIS refining company. A strong agricultural sector gives it a cereal surplus.
Serbia's water supply rests on the Danube and its tributaries, with recurrent agricultural drought.
| STOCK TYPE | RESERVE | DAYS COVER | STATUS |
|---|---|---|---|
| Oil · commercial and compulsory stocksSerbia holds compulsory oil reserves; the Pančevo refinery covers much of domestic demand. | ~60 days | 60days | STABLE |
| Natural gas · Banatski Dvor storageUnderground storage buffers winter demand, but supply leans heavily on Russian gas via TurkStream. | ~0.5 Bcm | 45days | WATCH |
| Grain · exportable surplusSerbia runs a structural cereal surplus exported across the Balkans. | ample | 120days | STABLE |
$ curl -s https://api.shortage.life/v1/countries/SRB | jq '.stress' > 0.47