Europe's jet fuel prices rally to record highs on Persian Gulf shut-in

About this episode

This episode discusses the record highs in Europe's jet fuel prices due to the war in the Middle East and the impact on the market.

Benchmark jet fuel assessments by Platts have reached all-time highs on the back of war in the Middle East. With vital middle distillate supplies locked in the Persian Gulf owing to the effective closure of the Strait of Hormuz, the knock-on impact for both physical and financial refined products markets in Europe has been unprecedented. In this episode of the Platts Oil Markets podcast, Gary Clark, Associate Director for EMEA Clean Refined Products, is joined by frontline reporters Aruni Sunil and Patrick McAllister to discuss the latest dynamics in the European jet fuel market.

People in this episode

Host: Gary Clark

Guests: Aruni Sunil, Patrick McAllister

Topics covered

• jet fuel prices
• European market
• Middle East conflict
• oil supply
• refined products
• market dynamics

Keywords

• jet fuel
• prices
• Europe
• Middle East
• oil market
• refined products
• Persian Gulf
• Strait of Hormuz

Mentioned in this episode

Organizations: Platts

Places: Persian Gulf, Strait of Hormuz, Europe

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