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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.