Key facts
- Europe is projected to experience a jet fuel deficit in the fourth quarter.
- South Korea is increasing its jet fuel exports to Europe.
- Middle East supply disruptions are a key factor in the European deficit.
Europe is bracing for a shortfall in jet fuel supply during the fourth quarter, with South Korea stepping in to fill the gap. This development comes as supply disruptions in the Middle East continue to impact global refined product flows. The increased exports from South Korea are crucial for meeting European demand during a period of tight supply.