Europe Warned of Jet Fuel Shortage

The disruption, a direct consequence of the war in Iran, has severely impacted global energy flows and maritime trade.

Airlines are already war-gaming for potential shortages that could coincide with the peak summer travel season, threatening the holiday plans of millions.

While the United States has attempted to maintain a blockade on Iranian ports, the effective closure of the strategic waterway has left European and Asian markets highly vulnerable to supply shocks.

Experts suggest that even if a peace deal is reached, it could take up to two years for the global energy market to return to pre-war stability.