Jet fuel shortages spread across Europe and Asia

businessenergy-marketscommodity-markets 2 posts · 2 accounts

Jet fuel inventories have fallen to multiyear lows and prices have surged, forcing airlines and import-dependent markets to contend with shortages tied to the Iran war.

From the sources (2 posts)

@staunovo

Jet fuel stocks in independently held storage at the Amsterdam-Rotterdam-Antwerp (ARA) hub fell to their lowest level in more than six years in the week to 15 April, while naphtha inventories dropped to a one-year low, consultancy Insights

@globalmktobserv

🚨Asia and Europe are running out of jet fuel: Jet fuel prices rose +70% since the US and Israel launched airstrikes on Iran six weeks ago, to $4.24 a gallon, according to the Argus US Jet Fuel Index. Europe has ~6 weeks of jet fuel remain

Market impact

55 medium

JETS UAL DAL RYAAY VLO XLE

Why it matters: A 70% surge in jet fuel prices plus multiyear-low inventories raises airlines' single largest variable cost and squeezes margins (JETS/UAL/DAL/RYAAY down), while refiners capture wider distillate/jet crack spreads (VLO, XLE up).

At publish time: Headline states a spreading physical shortage with ARA jet fuel stocks at a 6-year low, ~6 weeks of European cover left, and prices up 70% to $4.24/gal — a concrete cost/supply shock, not rhetoric.

model confidence: medium

What happened next

1–2 weeks later

played out moved down

Iran-war fuel crisis deepened: prices doubled, ARA stocks hit 5-year lows, SAS/Ryanair/Lufthansa cut flights, squeezing airlines while energy/refiner spreads widened.

based on follow-up coverage

Follow-up coverage

No follow-up coverage matched this story.

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