Europe’s Jet-Fuel Lifeline at Risk as Hormuz War Disrupts Middle East Supply

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Source: Crude Oil Prices Today | OilPrice.com
Europe’s Jet-Fuel Lifeline at Risk as Hormuz War Disrupts Middle East Supply
Photo: Crude Oil Prices Today | OilPrice.com
TL;DR

Europe faces an imminent jet-fuel crisis as Iran’s war and the Strait of Hormuz disruption cut Middle Eastern supply, while decades of refinery closures have reduced European output and increased import dependence; fuel prices have spiked and with limited alternatives and growing competition from Asia, airlines may cut capacity or raise fares (Lufthansa signaling fleet reductions).

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