Europe could face a significant jet fuel shortage if disruptions in the Strait of Hormuz continue, with a new analysis warning that current fuel reserves may last only about one month.

Before the conflict with Iran erupted earlier this year, Europe and the United Kingdom relied heavily on jet fuel imports from the Middle East, particularly Kuwait and the United Arab Emirates. Those shipments typically passed through the Strait of Hormuz, one of the world’s most important energy shipping routes.

At the outset of the crisis, immediate shortages were avoided because many tankers had already cleared the strait before hostilities began. European countries also sought alternative supplies from the United States and Canada, while additional shipments have since come from India and Nigeria.

However, according to a Reuters report citing Energy Aspects, Europe could face a shortfall of approximately 600,000 barrels of jet fuel per day during the third quarter, with existing inventories sufficient for only about one month.

The situation is especially concerning because several European and British refineries have closed in recent years, increasing the continent’s dependence on imported aviation fuel.

Despite the warning, airlines have not yet announced widespread flight cancellations. Industry officials say the immediate concern is not necessarily a lack of fuel, but sharply higher fuel costs, which could keep airfares elevated through the busy summer travel season.

Some airlines have indicated that even if fuel prices decline later this year, ticket prices may not immediately follow.

(YWN World Headquarters – NYC)