Refined Products, Maritime & Shipping, Crude Oil, Jet Fuel, Diesel-Gasoil, Gasoline
March 19, 2026
Europe's jet fuel prices rally to record highs on Persian Gulf shut-in
Featuring Gary Clark, Aruni Sunil, Patrick McAllister, and George Delaney
HIGHLIGHTS
Strait of Hormuz disruptions lock in vital supplies
Middle distillate shortage impacts EU markets
Benchmark jet fuel assessments by Platts have reached all-time highs on the back of the war in the Middle East. With vital middle distillate supplies locked in the Persian Gulf owing to the effective closure of the Strait of Hormuz, the knock-on impact for both physical and financial refined products markets in Europe has been unprecedented.
In this episode of the Platts Oil Markets podcast, Gary Clark, associate director for EMEA clean refined products, is joined by frontline reporters Aruni Sunil and Patrick McAllister to discuss the latest dynamics in the European jet fuel market.
Related links:
Analytics report: Jet fuel prices soar to record levels — what is driving the rise? (Subscriber content)
News: ARA jet fuel stocks fall 2.3% on week amid worries of supply impact (Subscriber content)
Prices:
Jet CIF NWE Cargo (PJAAU00)
Jet FOB FARAG Barge (PJABA00)
Jet CIF NWE Cargo vs LS Gasoil Frontline Financial Mo01(AAEDH00)
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