EU plans measures to address jet fuel shortage linked to Iran war, Reuters says

The European Union is preparing measures to address a potential jet fuel shortage linked to the Iran war, including efforts to boost refinery utilization and map refining capacity across member states, Reuters’ Kate Abnett and Joanna Plucinska report. Airlines have warned that supply disruptions could emerge within weeks ahead of peak summer travel, with the EU heavily reliant on Middle East imports for jet fuel. Publicly traded companies in the space include Delek US (DK), HF Sinclair (DINO), Marathon Petroleum (MPC), Phillips 66 (PSX) and Valero (VLO).