### 📈 Shipping Logistics Emerge as Primary Risk to Energy Security

Energy Minister Kumara Jayakody informed Parliament that while Sri Lanka possesses the necessary foreign exchange and global oil stocks are available, a breakdown in global supply chains and high insurance premiums have made securing vessels the critical bottleneck. • Current Inventory Status 92 Octane Petrol: Sufficient until 23 April. 95 Octane Petrol: Sufficient until 10 May. Diesel: Tightest supply, sufficient until 12 April. Super Diesel: Sufficient until 10 May. • Strategic Response Alternative Sourcing: Government is reviewing new tenders for crude oil and negotiating with other oil-producing nations. Emergency Procurement: A special committee has been appointed to secure alternate supplies and explore links to the International Energy Agency’s (IEA) planned reserve releases. Demand Management: The QR-based fuel quota system remains in place; allocations are being "scientifically" managed based on the emergency. • Risk Factors Power Disruptions: While the government aims to avoid blackouts, power cuts have not been ruled out due to potential electricity generation gaps. External Shocks: The crisis is attributed to the Middle East conflict, with officials noting that logistics, rather than liquidity, is now the binding constraint. Inflation: Data has been sent to the Finance Ministry to assess the impact of rising fuel prices on the wider economy.