Europe Faces Jet Fuel Shortage by June Amid Hormuz Closure
Analysts warn of a European aviation fuel shortage by June as the Strait of Hormuz closure threatens peak summer travel and critical supply chains.
May 2, 20265 min
Business
2 aviation articles tagged “jet fuel”
Analysts warn of a European aviation fuel shortage by June as the Strait of Hormuz closure threatens peak summer travel and critical supply chains.
Jet fuel prices have spiked 90.2% year-over-year through March, driven by geopolitical conflict and placing severe pressure on airline operating costs.
