Europe Jet Fuel Crisis Looms as Middle East Shipments Halt Ahead of Peak Summer Travel

Europe Jet Fuel Crisis Looms as Middle East Shipments Halt Ahead of Peak Summer Travel


Market data indicates that European jet fuel imports from the Middle East will vanish entirely in April, a historic first since records launched in 2017, while direct exports from the region to Europe have plummeted to all-time lows. European OECD nations consume approximately 1.6 million barrels per day of jet fuel and kerosene, while regional refineries produce only about 1.1 million barrels, leaving a structural deficit of 500,000 barrels per day that must be met through imports.



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