Less than a month's supply: Europe's jet fuel stocks are wafer thin as Iran tensions flare

Despite Europe importing jet fuel from the U.S. and Asia and boosting refinery output while drawing down stocks, the region remains the most exposed to renewed Middle Eastern tension. The risk is further jet-fuel supply disruption, implying potential upside pressure on energy costs and aviation fuel availability.

Analysis

Despite Europe importing jet fuel from the U.S. and Asia and boosting refinery output while drawing down stocks, the region remains the most exposed to renewed Middle Eastern tension. The risk is further jet-fuel supply disruption, implying potential upside pressure on energy costs and aviation fuel availability.