Puente rules out kerosene supply issues this summer

The transport minister says Spain has enough capacity to supply airlines despite the Hormuz crisis.

Transport and Sustainable Mobility Minister Óscar Puente said Monday in Luxembourg that airlines operating in Spain will not face kerosene supply problems this summer. According to Puente, the companies have conveyed a message of “tranquility” to the government regarding fuel supplies for the coming months. Puente noted that Spain has several refineries capable of producing aviation kerosene, reducing dependence on routes such as the Strait of Hormuz. The minister acknowledged that a prolongation of the Middle East conflict could raise costs, although there are no alarm signals for now. European Commissioner for Sustainable Transport and Tourism Apostolos Tzitzikostas backed this view and said there are no signs of aviation fuel shortages in Europe or of mass flight cancellations.

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Illustration depicting EU shift to US jet fuel imports amid Iran war disruptions in Strait of Hormuz.
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EU drafts guidance to curb reliance on Middle East jet fuel as Iran war strains supply

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The European Union is preparing non-binding guidance urging member states to reduce reliance on Middle Eastern jet fuel and consider increasing imports from the United States, a source familiar with the plans told Reuters, as the Iran war continues to disrupt energy shipments through the Strait of Hormuz.

Repsol chief executive Josu Jon Imaz warned Thursday of periods of complexity in petroleum product supplies across Europe in the coming weeks and months due to the closure of the Strait of Ormuz.

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The European Commission unveiled its AccelerateEU emergency plan on Wednesday, April 22, to mitigate the energy crisis triggered by the war in Iran. The initiative aims to avert a kerosene shortage following the Strait of Hormuz blockade. It offers recommendations and measures to EU member states and industry.

As the 2026 Middle East War disrupts supplies, the Airlines Association of Southern Africa warns of potential jet fuel shortages beyond May. Regional prices have surged from R8.50 per liter in February to over R30 by mid-April, leading to temporary fuel surcharges on new bookings.

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The Western Cape Government has assured residents of sufficient fuel supplies to meet demand. This follows concerns over the Middle East conflict's potential impact, with Premier Alan Winde urging suppliers to avoid unethical practices.

Business owners in the sector report supply issues for Magna and diesel in at least eleven Mexican states. The voluntary price cap, in place for over a year, faces pressure from rising import costs linked to the Middle East crisis.

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TotalEnergies CEO Patrick Pouyanné said on Monday that a toll would be preferable to a prolonged closure of the Strait of Hormuz, through which 20% of global oil and gas passes. He spoke at a conference in Washington on the sidelines of the IMF and World Bank spring meetings. He warned of supply tensions if the situation lasts beyond three months.

 

 

 

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