Airlines brace for jet fuel shortages as Middle East conflict escalates

Major airlines are scrambling to prepare contingency strategies as industry executives warn that ongoing hostilities in the Middle East could trigger jet fuel shortages, potentially disrupting global air travel in the near term.

Carriers are growing increasingly anxious about fuel availability, with some executives noting that while suppliers have secured deliveries for the immediate weeks ahead, there is little clarity beyond that window. Kenton Jarvis, chief of budget carrier easyJet, told the Financial Times that suppliers were unwilling to guarantee supplies six weeks out, highlighting the uncertainty gripping the sector.

The potential impact varies significantly by geography. While the United Kingdom and parts of Europe are currently considered to have adequate reserves, long-haul operators face greater exposure when operating in regions heavily dependent on Gulf fuel sources. Ben Smith, chief executive of Air France-KLM, confirmed that his company is actively developing scenarios to manage a possible fuel shortfall. He noted that South-East Asia, which relies more heavily on supplies transiting through the Gulf, is particularly at risk, warning that aircraft could be stranded if local fuel stocks run dry.

Industry leaders are drawing parallels to past disruptions, with Willie Walsh, director general of the International Air Transport Association (IATA), describing the situation as a supply challenge of a magnitude not previously encountered. Airlines caution that if shortages worsen, reduced flight schedules may become inevitable, potentially affecting peak holiday travel periods.

Efforts to stabilize global energy markets have so far yielded limited results. Despite measures such as the release of 400 million barrels from strategic petroleum reserves coordinated by the International Energy Agency (IEA), along with temporary sanctions exemptions and maritime regulatory suspensions, oil prices remain elevated. Brent crude was trading at $108.27 per barrel in international futures markets at the close of the week, reflecting persistent concerns over supply stability amid the widening regional conflict.