Capitals, April 12 (SANA) – Concerns are mounting within Europe’s aviation sector over a potential crisis in jet fuel supplies as the ongoing war in the Middle East disrupts global energy supply chains, particularly shipments passing through the strategic Strait of Hormuz.
According to data compiled by analytics firm Vortexa and cited by Bloomberg, Europe remains the largest importer of jet fuel, including kerosene, from the Gulf region, which accounts for nearly half of imports to the European Union and the United Kingdom.
The data also indicates that jet fuel inventories at European airports are declining, while demand is rising partly due to increased military operations in the Middle East.
Sharp price surge
Amid persistent regional tensions, jet fuel prices have surged dramatically, exceeding $1,500 per ton in northwest Europe, compared with around $750 per ton before the crisis.
Energy pricing agency Argus reported that prices have climbed above $1,900 per ton, with significant daily increases reflecting disruptions in global supply chains and Europe’s heavy dependence on fuel imports from the Gulf.
Warnings of potential shortages
The Airports Council International Europe (ACI Europe) warned that European Union airports could face severe jet fuel shortages within three weeks if shipping through the Strait of Hormuz remains disrupted.
In a letter addressed to the European Commissioner for Transport, the council urged precautionary measures to secure stable fuel supplies as concerns grow within the aviation industry over the potential impact on flight schedules and ticket prices.
Growing pressure on airlines
European airlines have begun implementing precautionary measures, including reducing some routes, increasing ticket prices and imposing additional fuel surcharges to maintain financial stability.
Aviation experts warned the industry is facing a double shock—a sharp rise in fuel prices, which represent one of the largest operating costs for airlines, combined with weaker passenger demand as travelers delay bookings amid uncertainty.
The International Air Transport Association (IATA) also cautioned that even if tensions ease, it could take several months for fuel prices and supply chains to return to normal levels.
Emergency measures under consideration
Some global airlines are already preparing emergency contingency plans, which may include reducing the number of operating aircraft or suspending certain routes, while several Asian countries have introduced fuel conservation measures.
George Shaw, chief oil analyst at Kpler, warned that May could prove the most challenging month, noting that airlines would struggle to replace jet fuel shipments from the Gulf if the Strait of Hormuz remains closed.
These developments cast uncertainty over the upcoming summer travel season, raising the possibility of higher ticket prices and flight cancellations if supply disruptions persist.
Although no actual shortages have yet been reported, current indicators point to growing risks for Europe’s aviation sector, which remains closely tied to global energy markets and geopolitical developments.
Kh.A