Europe Diversifies Jet Fuel Supply But Import Pressure Is Rising

Europe will need to find abundant new supplies of jet fuel if it’s to maintain its usual level of imports over the summer holiday season.

So far, it’s been largely successful in replacing supplies lost as a result of the Iran war. Delivieres of jet fuel — including kerosene, the base product from which it’s made — from the Middle East have tumbled, but barrels are streaming in from North America and Africa, data from Vortexa show.