UK to receive last tanker of jet fuel from Middle East this week
Industry warnings of disruption contrast with government calls for calm
Industry warnings of disruption contrast with government calls for calm

Iran war stokes embrace of American exports as Britain’s aviation sector shifts reliance on Middle East supplies

UK retail bellwether has already accounted for £15mn of additional costs from higher fuel and air freight charges

Industry group warns EU that reserves are running low

Premiums for diesel has also hit 15-month high, highlighting reliance on refined fuels from the Gulf

Warnings of supply crunch as imports drop and stocks dwindle

Energy commissioner Dan Jørgensen says Europe moving towards supply crisis “very rapidly”