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Europe’s Fuel Crisis Spreads From Diesel to Jet Fuel

Europe is reeling from a diesel supply crunch, and now another squeeze is looming on the horizon, as jet fuel supply tightens ahead of the final quarter of the year.

  • Europe faces jet fuel supply shortfall of 510,000 barrels daily in final quarter.
  • European jet fuel stocks at seven-year low, Amsterdam hub at 454,000 tons.
  • South Korea becomes primary jet fuel supplier to Europe, importing 129,000 barrels daily.

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