Europe's jet fuel imports from Middle East halt amid Iran war disruption
Updated
Updated · Reuters · Apr 28
Europe's jet fuel imports from Middle East halt amid Iran war disruption
10 articles · Updated · Reuters · Apr 28
No jet fuel shipments from the Middle East to Europe were loaded in April, pushing imports to a four-year low and raising prices above $200 per barrel.
Europe faces a supply shortfall of at least 500,000 barrels per day, with regional refineries unable to meet demand and inventories tightening, though airlines and suppliers downplay immediate shortage fears.
Europe is increasing imports from other regions, but concerns persist about shortages by June if Middle East supplies are not replaced, especially ahead of the peak summer travel season.
How will the jet fuel shortage ripple through Europe's wider economy this year?
Can US and African refineries ramp up production fast enough to save Europe's summer?
Will this crisis force Europe to finally fast-track its sustainable aviation fuel goals?
With summer nearing, which European airports face the highest risk of flight cancellations?
Are airlines downplaying the crisis, or are the IEA's dire warnings exaggerated?
With Hormuz closed, what is the next move to avert a global recession?