Stock Markets April 15, 2026 01:17 PM

U.S. Jet Fuel Shipments to Europe Reach New Highs as Middle East Flows Disrupt

Record volumes of U.S. jet fuel move to Europe amid supply gaps caused by Strait of Hormuz disruption

By Leila Farooq
U.S. Jet Fuel Shipments to Europe Reach New Highs as Middle East Flows Disrupt

Europe is taking unprecedented volumes of jet fuel from the United States as it seeks to replace supplies lost after the effective closure of the Strait of Hormuz amid the U.S.-Israeli war on Iran. Data from Kpler and LSEG show U.S. shipments to Europe are set to hit record levels in April, while inventory and import patterns across the region point to mounting pressure on aviation fuel availability and prices.

Key Points

  • U.S. jet fuel shipments to Europe are projected at record highs of 149,000 to 200,000 barrels per day in April, according to Kpler and LSEG.
  • The Middle East disruption has cut off about 75% of Europe’s jet fuel imports - roughly 375,000 barrels per day - prompting emergency requests from airlines and tighter markets for aviation fuel.
  • Low stocks at the Amsterdam-Rotterdam-Antwerp hub and differential import/export positions among countries (Spain net exporter; Britain imports about 65% of demand) amplify pressure on aviation, refining and energy trading sectors.

Europe has been receiving record quantities of jet fuel from the United States as the continent attempts to offset supplies interrupted by the effective closure of the Strait of Hormuz, according to data from Kpler and LSEG.

The closure - attributed to the U.S.-Israeli war on Iran - has interrupted flows from the Middle East, a region that provides nearly 75% of Europe's jet fuel imports, equivalent to roughly 375,000 barrels per day. In response, European carriers have pressed the European Union to consider emergency actions, including large-scale airspace restrictions, according to a document seen by Reuters.

LSEG and Kpler data indicate that U.S. deliveries to Europe are expected to reach between 149,000 and 200,000 barrels per day in April, calculated from vessels already discharged and those still scheduled to arrive. Those projected inflows represent the highest volumes recorded in LSEG data stretching back to 2015 and in Kpler records from 2017.

U.S. exports of jet fuel have surged in broader figures as well. Energy Information Administration data estimate that the United States exported about 442,000 barrels of jet fuel in the week ending April 3, roughly double the 219,000-barrel-per-week average recorded last year. Traders report that shipments destined for Europe and Asia are attracting stronger prices because of localized shortages.

At the same time, inventories in the Amsterdam-Rotterdam-Antwerp refining and storage hub were reported at their lowest level since March 2023 as of last week. While European Union member states must hold 90 days of emergency oil reserves, that obligation does not prescribe minimum amounts for specific fuel categories such as jet fuel.

The International Energy Agency's monthly assessment highlights divergent national positions within Europe: Spain is identified as a net exporter of jet fuel, whereas Britain - the region's largest consumer - relies on imports for around 65% of its jet fuel needs. The IEA cautioned that if European markets cannot replace more than half of the volumes lost from the Middle East, stockpiles would decline to the equivalent of a 23-day supply by June, at which point physical shortages would begin.


These developments underscore growing stress points across aviation fuel supply chains and refinery distribution hubs. Airlines, refiners, traders and governments will be tracking shipments, storage levels and price signals closely as the region adapts to the disruption in Middle Eastern flows.

Risks

  • If Europe cannot secure more than 50% of the jet fuel volumes lost from the Middle East, the IEA warned stocks could fall to a 23-day level by June, triggering physical shortages that would affect airlines and air travel.
  • Declining inventories at the Amsterdam-Rotterdam-Antwerp hub - at the lowest level since March 2023 - raise the risk of local supply disruptions and price volatility for jet fuel, impacting airlines and fuel traders.
  • The lack of fuel-type specificity in the EU's 90-day emergency oil reserve requirement could limit the bloc’s ability to cushion shortfalls in aviation-grade fuels, creating uncertainty for carriers and refiners.

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