Sustained power prices force European industrial demand destruction.
prob 0.52
severity 3.4 / 5 · revision 2026-05-08watch · 14 industrial economies · chemicals + metals + fertilizer$ shortage country get ROU > stress_index: 0.40 STABLE > 6 events · 2 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.
Romania is among the least energy-import-dependent EU states, with significant domestic gas and oil output and the Black Sea Neptun Deep project set to lift production further. It is a major grain exporter, shipping wheat and maize through the port of Constanța. Black Sea security and ageing energy infrastructure are its principal exposures.
Romania's southern plains face recurrent agricultural drought, while the Danube supports overall supply.
| STOCK TYPE | RESERVE | DAYS COVER | STATUS |
|---|---|---|---|
| Oil · state material reserveThe state reserves administration and industry hold the EU-mandated 90 days of net oil-import cover. | ~90 days | 90days | STABLE |
| Natural gas · domestic output and storageDomestic production covers most demand; the Neptun Deep Black Sea field is set to add significant volumes. | ~3 Bcm storage | 60days | STABLE |
| Grain · exportable surplusRomania runs a large cereal surplus exported through Constanța, also a corridor for Ukrainian grain. | ample | 130days | STABLE |
| EU Natural Gas Storage | 1.3 BCM | — | 42.0 % |
$ curl -s https://api.shortage.life/v1/countries/ROU | jq '.stress' > 0.40