Jet fuel supply concerns flagged by EU despite no shortage risk

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EU reassures on fuel availability

The European Commission has dismissed reports suggesting an imminent fuel shortage across the European Union, including speculation of disruptions to energy supply chains.

However, officials warned that concerns are emerging over jet fuel supply, which could face pressure in the near term due to shifting global market conditions.

Jet fuel supply under close monitoring

Commission spokesperson for energy, Anna-Kaisa Itkonen, said there are currently no indications of fuel shortages within the EU.

Nevertheless, she stressed that the situation regarding jet fuel supply remains the main area of concern, particularly as aviation demand depends heavily on both domestic production and imports.

According to the Commission, around 70% of jet fuel consumption in the EU is covered by domestic refineries, while the remaining share relies on imports, making the sector more exposed to external shocks.

No need for emergency reserves activation

Following recent coordination meetings on energy security, EU officials confirmed that crude oil deliveries to European refineries remain stable.

As a result, there is currently no need to release additional strategic reserves, the Commission noted.

At the same time, authorities continue to closely monitor energy markets to ensure early detection of any disruptions affecting jet fuel supply.

Increased coordination across EU states

The European Commission has intensified coordination with member states and industry stakeholders, holding weekly meetings focused on oil and gas supply chains.

The aim is to maintain real-time visibility over fuel stocks, refining capacity and alternative import routes, ensuring a rapid policy response if conditions worsen.

Officials emphasised that continuous monitoring is essential to safeguard stability in the jet fuel supply chain and broader energy system.

Upcoming energy package

The Commission is expected to unveil a new set of measures next week aimed at addressing ongoing energy market pressures.

While details remain limited, officials described the approach as “holistic”, suggesting a combination of supply security, market monitoring and potential contingency measures.


Also read: Interest rate hikes expected in June amid war impact
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