The Middle East war has increased oil prices for weeks due to the cut-off of the Strait of Ormuz, which in turn has led to a shortage and a drastic increase in the price of kerosene, aircraft fuel. Specifically, the supply of kerosene for aviation in Europe faces a potential crisis, with shortages alerts in three weeks if the blockade in the Strait of Ormuz continues, which cuts 40% of supply. However, it seems that this situation is not affecti…
The Middle East war has increased oil prices for weeks due to the cut-off of the Strait of Ormuz, which in turn has led to a shortage and a drastic increase in the price of kerosene, aircraft fuel. Specifically, the supply of kerosene for aviation in Europe faces a potential crisis, with shortages alerts in three weeks if the blockade in the Strait of Ormuz continues, which cuts 40% of supply. However, it seems that this situation is not affecti…