EU Airports Warn of Jet Fuel Shortages Within Three Weeks Amid Hormuz Closure

The European jet fuel crisis has entered a critical phase as the final oil tankers that departed the Gulf prior to the conflict reach refineries, signaling the total exhaustion of transit supplies. A global rush to secure remaining oil barrels has commenced as the physical supply crunch intensifies across international markets. European airport authorities maintain their warning of severe shortages within the next three weeks, with fuel prices holding at a high of $4.88 per gallon. Despite a fragile two-week ceasefire, the continued closure of the Strait of Hormuz leaves no further seaborne buffer for the aviation industry. Analysts expect this lack of physical inventory to trigger widespread flight cancellations, impacting major carriers like Lufthansa (LHA.DE) and Air France-KLM (AF.PA). The situation underscores an escalating threat to global aviation operations as energy security risks reach a breaking point.