EU Proposes Jet Fuel Stockpiles, Refinery Monitoring Amid Iran War Supply Fears

The EU is now considering mandatory jet fuel stockpiles and regional redistribution rules, plus bloc-wide refinery monitoring, as U.S.-Israeli war with Iran threatens supplies via potential Strait of Hormuz blockade. This follows April 21 guidance for airlines, a new 'fuel observatory,' and plans for U.S. Jet A imports and sustainable fuels, amid EU reliance on 30-40% imported jet fuel (half from Middle East) and 20% of global oil transiting Hormuz. IEA warns of June shortages if Europe replaces only half Middle East supplies; current rules mandate 90 days oil reserves but no jet fuel specifics. Geopolitical risks support crude and jet fuel prices.