Jet fuel is following diesel’s price jump as the Hormuz supply shock hits the skies

Jet fuel prices are soaring following a supply shock in Hormuz, mirroring a recent price jump in diesel. Refineries are currently struggling to meet global demand for both fuels. These rising costs highlight significant supply chain vulnerabilities and the potential for increased economic strain. The situation underscores how geopolitical tensions in the Hormuz region can directly impact aviation fuel availability and pricing, creating a challenging environment for refineries attempting to supply the global market.