European Jet Fuel Prices Surge Over 70% Amid Strait of Hormuz Supply Concerns

European Jet Fuel Prices Surge Over 70% Amid Strait of Hormuz Supply Concerns

Jet fuel prices in Europe have reached their highest level since June 2022 as 40% of the region’s supply relies on shipments through the Strait of Hormuz, a key Middle Eastern maritime chokepoint.

Fact Check
The claim is strongly supported by real-time reporting from March 2026. The BBC confirms a price surge of over 80% (exceeding the 70% claim) and prices reaching their highest point since 2022. The reliance on the Strait of Hormuz for approximately 40-50% of European imports is corroborated by multiple energy analysts and news outlets.
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