fintech / news / / Daily Mail Online
40 per cent of Europe's jet fuel is sourced from the Strait of Hormuz.
Europe sources 40% of its jet fuel from the Strait of Hormuz, now nearly closed.
KEY POINTS
- The last known Middle East jet fuel shipment to Britain is arriving imminently, with no clear replacement.
- Some European airports have already run out of jet fuel due to the ongoing conflict.
- Large airlines are hedged on fuel prices until 2026, but supply shortages could still disrupt flights.
- Long-haul flights are most at risk from fuel shortages, while frequent short-haul routes may see cuts.
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