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Europe Faces Jet Fuel Shortage Risk Amid Hormuz Strait Tensions and Supply Disruptions

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דווח לראשונה בWalla · Jul 12, 2026

מה קרה

Amid renewed US-Iran tensions and control struggles over the Strait of Hormuz, Europe faces a critical jet fuel shortage risk, with only a one-month supply left. Despite temporary ceasefire hopes easing immediate fears, Europe’s reliance on Middle Eastern fuel imports and refinery closures heighten vulnerability. Airlines continue flights using alternative sources, but high fuel costs may keep ticket prices elevated.

01Europe relies heavily on Middle Eastern jet fuel transported via the Strait of Hormuz.
02Only about one month of jet fuel supply remains in Europe, risking shortages.
03Energy Aspects forecasts a 600,000 barrel per day deficit in Q3 for Europe.
04Local refinery closures have increased Europe’s dependence on imports.
05Temporary ceasefire eased immediate supply fears but did not solve the shortage risk.
06Airlines continue flights using alternative sources but face high fuel prices.

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