$ shortage country get ARG > stress_index: 0.44 STABLE > 3 events · 0 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.
Argentina holds the Vaca Muerta shale formation, one of the world's largest, and its oil and gas output is rising fast, though pipeline capacity caps exports. It is a heavyweight grain, soybean and beef exporter. Chronic foreign-exchange and inflation crises are the binding macro constraint.
Argentina has suffered severe drought across the Pampas, with the Paraná River falling to historic lows.
No active shortage scenarios currently list this country in their exposure set.
| STOCK TYPE | RESERVE | DAYS COVER | STATUS |
|---|---|---|---|
| Natural gas · Vaca Muerta productionShale output from Vaca Muerta is climbing; winter peaks still require some imports. | rising | 40days | STABLE |
| Crude · production and refiningDomestic crude and refining broadly cover demand as shale output expands. | adequate | 30days | STABLE |
| Grain · exportable surplusArgentina runs a vast wheat, maize and soybean surplus central to world food trade. | very large | 180days | STABLE |
| Refined products · commercialProduct cover is constrained by foreign-exchange scarcity in crisis periods. | moderate | 25days | WATCH |
$ curl -s https://api.shortage.life/v1/countries/ARG | jq '.stress' > 0.44