Prolonged Panama Canal drought disruption.
prob 0.44
severity 3.2 / 5 · revision 2026-05-09watch · 8 Pacific-facing economies · freight + grain + fuel$ shortage country get CHL > stress_index: 0.38 STABLE > 1 events · 2 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.
Chile is the world's largest copper producer and a top lithium supplier, but it imports almost all of its oil and gas. A vast solar and wind buildout is reshaping its grid. A multi-decade drought is stressing agriculture, hydropower and mining water supply.
Chile has endured a decade-long 'mega-drought', drawing central reservoirs and aquifers to critical lows.
| STOCK TYPE | RESERVE | DAYS COVER | STATUS |
|---|---|---|---|
| Oil · commercial inventoriesAlmost all crude and product is imported; stocks buffer the long Pacific supply line. | moderate | 30days | WATCH |
| Electricity · solar, wind and hydroA vast renewable buildout is cutting reliance on imported fossil fuel for power. | rapidly expanding | — | STABLE |
| Grain · commercial stocksCereal self-sufficiency is moderate; wheat and maize imports cover the balance. | moderate | 45days | WATCH |
$ curl -s https://api.shortage.life/v1/countries/CHL | jq '.stress' > 0.38