Fortune

Europese jetfuelvoorraden dalen onder kritieke drempel in juni

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Europe's jet fuel inventories are expected to fall below the International Energy Agency's critical 23-day shortage threshold in June, according to Goldman Sachs research. This shortage, driven by the ongoing closure of the Strait of Hormuz amid regional conflict, could trigger widespread flight cancellations and potential airport closures, with the United Kingdom facing particular risk. While European refineries are increasing jet fuel production to provide a buffer, experts warn of potential severe rationing by July or August if the situation persists.