Europe on the brink of jet fuel shortages as Hormuz crisis tightens supply

An IEA report warns Europe could run out of jet fuel in as little as six weeks if it cannot replace at least half of its Middle East imports, after Iran effectively closed the Strait of Hormuz and pushed prices higher; even a surge in US and Nigerian shipments would cover only about half the deficit, raising the risk of airport shortages and flight cancellations this summer. The EU says there’s no current evidence of shortages, but authorities are monitoring the situation, and industry players warn of ongoing fuel-cost pressures.