Story perspectives
German Airlines Confident Jet Fuel Supply Amid Hormuz Closure
5/14/2026
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Story summary
- German airlines say jet fuel will meet summer demand despite the Hormuz closure.
- Lufthansa chief Carsten Spohr says supplies are secured through mid-July while TUI chief Sebastian Ebel sees no shortage, only price impact.
- Jet fuel prices are near $1,400 per metric ton while i6 Group reports stocks rose over 60% in April.
- EU energy commissioner Dan Jorgensen says there is no serious short-term supply issue, though longer-term risks remain.
