# Ano Kuhanathan, head of corporate research for insurer Allianz has said that the closure of the Strait of Hormuz leaves Britain significantly more vulnerable to supply disruptions.

*business · news · 2026-05-02 · Essexlive*

## Key points

- UK is structurally more exposed to jet fuel shortages than other European nations, warns Allianz.
- Jet2 reports a 6.2% rise in summer bookings, but notes bookings are increasingly last-minute.
- Wizz Air says it can mitigate UK fuel shortages by tankering and fueling at alternative locations.
- Ryanair's Michael O’Leary says disruption risk is receding, with no threat before end of June.
- UK's biggest budget airlines pledge not to impose supplementary fuel surcharges on travelers.

**Companies:** Ryanair, easyJet, Wizz Air, Jet2, TUI
**Countries:** UK, Iran

[Read the full story on Essexlive](https://www.essexlive.news/whats-on/whats-on-news/new-saturday-update-wizz-jet2-10946183)

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