Europe could “muddle through” with local refinery production maxed out, surging US imports and marginal demand destruction if the Strait of Hormuz reopens soon.

Preoccupazione per il lungo periodo, anche se finora le ripercussioni hanno riguardato solo i prezzi

Jet fuel flows rerouted worldwide as Hormuz disruption drives up costs and risks

Europe could “muddle through” with local refinery production maxed out, surging US imports and marginal demand destruction if the Strait of Hormuz reopens soon.

With airlines and jet fuel markets already reeling from the Mideast conflict, fuel buyers and analysts think the supply situation may worsen this summer.