Jet fuel on the edge: Hormuz tensions threaten global aviation
An opinion piece warns that a global jet fuel crisis is forming as the Middle East conflict raises supply insecurity tied to the Strait of Hormuz. European reserves are dwindling, carriers are trimming routes, and prices have surged. Korea dominates the jet fuel market (about 30% of global exports), and a restriction could ground roughly one in three aircraft worldwide, threatening a cascade of economic disruption and prompting talks of joint EU procurement and other policy measures.