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Jet Fuel Supplies Are Lagging. What Does that Mean for Airlines and Travelers?

The International Energy Agency says Europe may have only six weeks of jet fuel left as record prices and falling stocks threaten cancellations.

  • On Thursday, International Energy Agency Director Fatih Birol warned Europe has "maybe six weeks" of jet fuel left as the Strait of Hormuz blockade disrupts critical supply chains amid the Iran-U.S. conflict.
  • Around 40% of Europe's jet fuel imports pass through the Strait of Hormuz, but transit has halted since the war began, leaving regional refiners unable to compensate for lost Middle Eastern volumes.
  • Facing rising kerosene costs, KLM announced it will cut 160 flights next month, while Lufthansa is closing feeder airline CityLine and retiring 27 older, less fuel-efficient planes to reduce losses.
  • EasyJet expects a pretax loss of up to $758 million for the first half of 2026, while Cathay Pacific increased fuel surcharges by roughly 34% across all routes.
  • Aviation associations warn that if fuel supplies fall under 23 days, airports could face physical shortages triggering cancellations; releasing 400 million barrels from emergency reserves offers no short-term relief.
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With the summer at the door and the Strait of Ormuz closed, the aviation is under heavy pressure because it depends on the jet fuel of the Middle East. Portugal also matters, but Galp distances disruption in the coming months.

·Portugal
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Jet fuel supplies are lagging. What does that mean for airlines and travelers?

A looming jet fuel shortage in Europe and Asia sparked by the Iran war and the effective closure of the Strait of Hormuz could further upend world travel within weeks if oil doesn’t start flowing soon.

·United States
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The Business Journal broke the news on Thursday, April 16, 2026.
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