# Analysts at the bank said the UK has “critically low levels’ of supplies.

*aerospace · news · 2026-05-05 · The Sun*

## Key points

- Goldman Sachs warned Britain is the most exposed in Europe to jet fuel shortages.
- The UK holds no strategic reserves of jet fuel, relying solely on commercial inventories.
- Closure of the Strait of Hormuz has critically reduced UK jet fuel supplies, risking rationing.
- More than 2 million airline seats were cancelled in May due to jet fuel crisis.

**Companies:** British Airways, Lufthansa, Turkish Airlines, Air New Zealand, Cathay Pacific, Air China, Emirates, United Airlines, Scandinavian Airlines, Wizz Air
**Countries:** United Kingdom, Iran, Turkey, Germany, New Zealand, China

[Read the full story on The Sun](https://www.thesun.co.uk/news/39014832/jet-fuel-shortage-britain-critically-low-rationing-holiday-chaos/)

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