How the Middle East war is squeezing jet fuel markets: Let's Talk Energy Q&A
🔴 Tension RisingRystad Energy2026-05-14
The Middle East war is squeezing jet fuel markets due to the closure of the Strait of Hormuz, causing supply disruptions and price increases. Demand is particularly down in Asia, and Europe is also seeing price hikes. This crisis is expected to have a significant impact, comparable to the 1970s oil embargoes.