DHL Express Says Aviation Fuel Secure for Summer Despite Iran War

🚢 LOGISTICS — The world's largest express carrier just priced in a long war. 📌 LOOK CLOSER: DHL declaring summer supply secure isn't reassurance — it's a hedge disclosure. It means they've locked forward contracts at current elevated prices, not that supply risk has passed. For freight markets, a major carrier pricing continuity signals the industry expects no Hormuz resolution before Q3. That expectation, priced in at scale, removes market pressure on both Washington and Tehran to deal quickly.