"While 41% of European aviation fuel goes through the strait of Hormuz, market analysts showed global shipments of jet fuel and kerosene fell below 2.3 million tonnes last week, the lowest level on record. The world uses about 100 million barrels of oil a day, most of it from oilfields, with about 15 million barrels a day typically passing through Hormuz."
"Historically, air travel has faced hurdles like Covid and the Icelandic volcano in 2010, but it has never been globally impeded by a fuel shortage. The potential for fewer carbon emissions in the short term and the possibility of transitioning to post-fossil-fuel air travel could be seen as a silver lining."
Air travel could face significant challenges if the strait of Hormuz remains blocked, potentially leading to aviation fuel shortages. Historically, air travel has never been globally hindered by fuel shortages. While 41% of European aviation fuel passes through Hormuz, alternative routes and increased production from other countries could mitigate the impact. The world consumes about 100 million barrels of oil daily, with a small portion flowing through Hormuz. Although there are concerns about supply, complete depletion of aviation fuel is not anticipated.
Read at www.theguardian.com
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