Jet fuel prices surge as Hormuz crisis hits global supplies
📡 MarketWatch · 1 min read ·
Part of composite article Diesel Crisis Will Last Until 2027 as Wars in Iran and Ukraine Choke Global Fuel Supplies View full article →
Jet fuel prices are rising fast, following diesel's recent jump. The cause is a supply shock in the Strait of Hormuz.
Refineries are struggling to meet global demand for both diesel and jet fuel. The strain on these facilities is pushing prices higher.