Europe left with under 30 days of jet fuel reserves as Hormuz tensions resurface
Analysts expect fuel tightness to persist through August as renewed strikes near the Strait of Hormuz threaten a fragile Iran ceasefire, leaving Britain, France and Germany most exposed to further disruption
Helleniq Energy: No shortages of aviation fuel expected, even at the peak of the summer season
In a written statement to Bloomberg, the company said it has surplus production of diesel, gasoline, naphtha, and jet fuel, while demand is being fully covered and reserves are being increased for additional security.
Europe has about six weeks’ worth of jet fuel, says the International Energy Agency
The crisis in the flow of oil, gas and other critical energy resources caused by the closure of the Strait of Hormuz was addressed by the head of the IEA, Fatih Birol
