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    1. Home
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    3. >EU working on jet fuel plan as Iran crisis threatens air travel
    Finance

    EU Working on Jet Fuel Plan as Iran Crisis Threatens Air Travel

    Published by Global Banking & Finance Review®

    Posted on April 16, 2026

    4 min read

    Last updated: April 16, 2026

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    Tags:FinanceEnergyEU Policy

    Quick Summary

    The EU is preparing to map refining capacity and implement measures to fully utilize refinery output starting next month, aiming to prevent jet fuel shortages and rising costs ahead of summer travel.

    EU Plans to Address Jet Fuel Shortage Threat Amid Iran Conflict Impact

    EU Strategies and Industry Response to Jet Fuel Supply Crisis

    By Kate Abnett and Joanna Plucinska

    BRUSSELS/LONDON, April 16 (Reuters) - The European Union is drafting plans to tackle a looming jet fuel supply crunch and maximise refinery output, officials said.

    European airlines have warned of jet fuel shortages within weeks as a result of the Iran war, disrupting travel ahead of summer. Europe is more dependent on jet fuel imports, with some 75% from the Middle East, than for any other transport fuel.

    EU Commission Actions and Proposals

    From next month, the European Commission will introduce EU-wide mapping of refining capacity for oil products and introduce measures "to ensure that existing refining capacity is fully utilised and maintained", a draft proposal seen by Reuters said.

    The EU is also working on measures targeting jet fuel supply, but those are still in development, officials familiar with the proposals said. The Commission declined to comment on the draft plans, which are due to be published on April 22.

    Market Impact and Airline Warnings

    Jet fuel prices have soared since the blocking of the Strait of Hormuz and European airlines are warning of price hikes, cancellations and grounded planes if the war does not end soon.

    U.S. President Donald Trump said in comments aired on Wednesday that the war with Iran could end soon, telling the world to watch out for an "amazing two days", while U.S. forces imposing a blockade turned back vessels leaving Iranian ports.

    Potential Impact on Summer Travel

    Shortages Could Hit Summer Holiday Season

    Airlines are preparing for a potential supply crunch, with the International Energy Agency forecasting jet fuel shortages by June if the region can only replace half of the supplies ‌it normally gets from the Middle East.

    Import Alternatives and Stock Limitations

    Increased imports from Africa and the U.S. are unlikely to fully make up for the drop, while fuel handling consortia that feed into airports do not always keep long-term stocks, analysts said, and many airports do not keep large stocks on hand.

    Some airports have warned of shortages within three weeks if the Strait of Hormuz remains closed to fuel shipments.

    Declining Refining Capacity in Europe

    As domestic oil production has shrunk and governments have sought to shift to cleaner energy sources, Europe's refining capacity has declined in recent years.

    The IEA said this month that many European refiners are already operating at maximum capacity for jet fuel production.

    Airline and Airport Perspectives

    "Our (jet fuel) suppliers are changing their forecasting windows, and they're no longer keen to give an outlook over a time window that goes beyond one month," Lufthansa CTO, Grazia Vittadini, told Reuters in Frankfurt on Wednesday.

    A spokesperson for UK airport Heathrow said that the impacts of the war had not yet hit its operations, although it was monitoring the situation. ADP, owner of Paris Charles de Gaulle, did not respond to a request for comment.

    The proposed EU rules would not be expected to impact Britain, which is outside the 27-member bloc.

    Jet Fuel Stocks and Regional Variations

    Jet Fuel Stocks Vary Around Europe

    Jet fuel supplies are highly uneven across Europe. Spain has eight refineries and is a net exporter of jet fuel, while imports cover more than 60% of British demand.

    Calls for Improved Monitoring and Joint Purchasing

    European airlines have asked the EU to improve monitoring of jet fuel supplies and consider joint purchasing of kerosene.

    The OECD Europe region, which includes EU countries as well as others like Britain and Norway, imports more than 30% of its jet fuel, IEA data shows, with most going through the Strait.

    The EU requires its members to maintain 90 days of emergency oil reserves as a buffer against supply shocks. This does not ​include a specific requirement on jet fuel, although countries can count it and other oil products towards their stock.

    (Additional reporting by Ilona Wissenbach in Frankfurt; Editing by Adam Jourdan and Alexander Smith)

    References

    • Europe May Face Jet Fuel Shortage by June, Warns IEA Report
    • How serious will the jet fuel crisis in Europe become? | Euronews

    Table of Contents

    Key Takeaways

    • •Europe heavily relies on the Middle East for about 75 % of its jet fuel imports, making it highly vulnerable to disruptions around the Strait of Hormuz (globalbankingandfinance.com).
    • •The IEA warns that if Europe can only replace half its usual Middle East jet fuel imports, physical shortages could materialize by June, with stocks falling below the critical 23‑day demand cover threshold (globalbankingandfinance.com).

    Frequently Asked Questions about EU working on jet fuel plan as Iran crisis threatens air travel

    1Why is the EU facing a jet fuel supply crisis?

    The EU faces a jet fuel supply crisis due to disruptions from the Iran conflict, with the Strait of Hormuz blocked and heavy dependence on Middle East imports.

    2How are European airlines affected by the jet fuel shortage?
    • EU Strategies and Industry Response to Jet Fuel Supply Crisis
    • EU Commission Actions and Proposals
    • Market Impact and Airline Warnings
    • Potential Impact on Summer Travel
    • Shortages Could Hit Summer Holiday Season
    • Import Alternatives and Stock Limitations
    • Declining Refining Capacity in Europe
    • Airline and Airport Perspectives
    • Jet Fuel Stocks and Regional Variations
    • Jet Fuel Stocks Vary Around Europe
    • Calls for Improved Monitoring and Joint Purchasing
  • •Jet fuel prices have surged—up nearly 60 % to 95 %—since the Iran conflict began, driving airlines to warn of cancellations and grounded flights, while airports say supply could run short in as little as three weeks (euronews.com)
  • Airlines are warning of price hikes, flight cancellations, and grounded planes if the jet fuel shortage continues into the busy summer travel season.

    3What steps is the EU taking to address the jet fuel shortage?

    The EU is planning to map refining capacity, maximize refinery output, and develop measures to secure jet fuel supplies and maintain existing refining capacity.

    4Which countries are most at risk from jet fuel shortages in Europe?

    Countries more reliant on jet fuel imports, like the UK and those without large refinery capacities, are most at risk if the crisis continues.

    5Are current EU emergency oil reserves enough to prevent airline disruptions?

    EU reserves cover 90 days of oil but lack specific jet fuel requirements, so shortages could still disrupt airlines if imports remain restricted.

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