Trump says the US has too much jet fuel for Europe, the market disagrees

Two lines showing monthly US jet production and demand.

US jet fuel supplies are well short of the Hormuz supply gap The US is a major consumer of jet fuel and often requires imports Higher imports could raise US jet fuel prices NEW YORK, April 1 (Reuters) – President Donald Trump this week told countries that are struggling to get jet fuel because of … Read more

Should you book a vacation flight now considering the rising cost of jet fuel?

Should you book a vacation flight now considering the rising cost of jet fuel?

Travelers planning summer vacations face a tough decision as global oil supply disruptions, caused by conflicts in the Middle East, have pushed up jet fuel prices leading to higher airfares being passed on to passengers. ADVERTISING ADVERTISING According to the latest analysis of the International Transport Organization, the price of world jet fuel stood at … Read more

A global jet fuel shortage is driving up the cost of air travel

an arrow

American airlines that have been smarting from airport security lines are about to be shocked again. Subscribe to read this story without ads Get ad-free articles and exclusive content. A global jet fuel shortage is expected to drive up air travel costs and reduce flight times, as airlines look to cut rising prices. On Monday, … Read more

The EU may revive energy crisis measures in 2022 in response to the Iran war

The Iran war has raised the price of jet fuel and diesel in Europe more than crude oil

The EU prepares measures to respond to rising energy prices Considering renewing the crisis response​​​​​​from 2022, which included the price of gas EU tells members to prepare for ‘long-term disruption’ in energy markets Jet fuel, diesel provides a large shock in a short period of time BRUSSELS, March 31 (Reuters) – The European Union is … Read more