Jet Fuel Shortages Loom Over European Airports
European airports are facing a potential jet fuel shortage just ahead of the busy summer travel season, with a leading aviation trade group sounding alarm bells that supplies could deplete by early May.
Airports Council International (ACI) Europe, which represents over 600 airports, appealed to the EU’s energy and transport commissioner for urgent action. They emphasized that if shipping traffic through the Strait of Hormuz doesn’t resume significantly within three weeks, the EU could confront serious jet fuel shortages. ACI’s Director General, Olivier Jankovec, pointed out that this concern is amplified by the impending peak summer period.
The anticipated shortage stems from Iran’s blockade of the strait, a crucial route for about 20% of global crude oil shipments, following military strikes by the U.S. and Israel that commenced on February 28. A temporary ceasefire last week hasn’t restored normal traffic; Iran reclosed the passage after accusing Israel of breaches. Crude oil prices recently surged above $119 a barrel but have since settled around $98.
Airlines are already bracing for the impact. Scandinavian Airline SAS has canceled 1,000 flights in April, while Lufthansa’s CEO informed staff that the airline is forming an emergency team to prepare for grounding planes if necessary. Ryanair’s Michael O’Leary also raised concerns, indicating that ongoing conflict could jeopardize up to 25% of their fuel supply.
The situation reveals vulnerabilities within the EU, particularly in terms of its limited jet fuel refining capabilities and heavy reliance on imports. Jankovec noted that some EU nations are facing only eight to ten days’ worth of aviation fuel before rationing must begin.
In response, ACI has urged Brussels to closely monitor fuel levels over the next six months, consider collective fuel purchases throughout the EU, and look into temporarily easing import restrictions. Additionally, British Prime Minister Keir Starmer has reportedly reached out to President Trump for a “realistic plan” to reactivate navigation routes.
