Jet Fuel Crisis Looms as Hormuz Blockade Continues
Iran's blockade of Hormuz threatens global oil and gas supplies.
Ryanair hedged 80% of fuel, paying $150/barrel for 20% remaining.
10-25% supply risk through June if conflict continues.
UK and EU report no immediate fuel disruptions.
EU prepares for prolonged energy price effects.
Dan Jorgensen urges demand reduction to mitigate shortages.
1 week ago