Here is the global oil crisis — country by country — as of today:
🇱🇰 Sri Lanka — RATIONING. Nationwide QR-code fuel system for cars & motorcycles. Public offices & schools/universities on conservation schedule.
🇵🇰 Pakistan — CRISIS. 4-day work week for public & private sectors. Unprecedented price surge. Remote work pushed & markets closing early.
🇮🇳 India — VULNERABLE. SPR ~6–10 days left. Total stocks ~60 days cover but panic growing. Govt scrambling for emergency imports.
🇰🇷 South Korea — CLOCK TICKING. Odd-even driving rules (mandatory for public sector, voluntary for private with discounts). Fuel price caps in effect.
🇯🇵 Japan — RELEASING. Claimed 230+ days. Extra strategic reserves now being tapped (second major release started May 1).
🇬🇧 UK — PRICE SHOCK. Targeted aid packages for heating-oil users. Windfall tax talks & anti-gouging measures active.
🇩🇪 Germany — TAX RELIEF. Petrol & diesel tax cut extended. Employer fuel bonuses rolled out.
🇫🇷 France — AID LAUNCHED. Targeted fuel discounts & allowances for high-mileage drivers, transport, fishing & agriculture. Energy vouchers accelerated.
🇿🇦 South Africa — LEVY EXTENDED. Fuel levy slashed to ease pump prices. Citizens still reporting pressure & queues at stations.
🇹🇷 Turkey — TAX CUT. Special consumption tax on fuel lowered to cushion consumers.
🇧🇷 Brazil — SUBSIDIES. Diesel taxes scrapped & subsidies for producers/importers in place.
🇦🇺 Australia — VOLUNTARY CUTS. “Every Little Bit Helps” campaign + excise duty halved. Business support loans active.
🇺🇸 USA — SPR DRAWDOWN. Part of IEA’s largest-ever coordinated strategic release. State-level gas tax relief active.
🇨🇳 China — STOCKPILED & LOCKED. Massive reserves held back. Refined-oil export ban & domestic price controls still enforced.
This is DAY 70 of the Hormuz blockade.
20% of global oil — GONE.
8 million barrels per day — GONE.
IEA’s response: largest-ever strategic stock release in history. OPEC+ increases remain minimal relative to the hole.
Here is what nobody is telling you:
They’re showing you “reserves are sufficient.”
They’re NOT showing you India’s SPR at ~6–10 days, Pakistan on 4-day weeks with rationing, Japan quietly tapping extra reserves, or Sri Lanka’s QR-code fuel system. Empty pumps and demand destruction are already here in Asia.
The real energy crisis hasn’t even started yet.