Jet fuel is following diesel’s price jump as the Hormuz supply shock hits the skies
AI Summary
Jet fuel prices are rising following diesel's price increases amidst the supply shock related to disruptions around the Strait of Hormuz. Refinery constraints are impacting the global supply of diesel and jet fuel, affecting markets and energy demand.
Squeezed refineries are struggling to supply a world hungry for both diesel and jet fuel.
Markets Commodities Energy jet fuel prices diesel price Hormuz supply shock refineries energy markets fuel supply