EU Warns Jet Fuel Market Faces Critical Tightening Over Hormuz Blockade
🛢️ BRUSSELS — European aviation is absorbing a war tax no carrier budgeted for. 📌 LOOK CLOSER: Jet fuel derives heavily from Gulf refinery output; Hormuz at 10% capacity starves European kerosene supply chains already stressed by winter stockpile draws. Airlines can't hedge indefinitely — ticket prices rise, routes thin, and summer travel absorbs the shock publicly. The EU warning signals member states may need emergency fuel-sharing protocols sooner than any MOU timeline allows.