economy
April 11, 2026
EU energy crisis: diesel and jet fuel shortages drive prices higher, trigger protests
Diesel and jet fuel shortages are intensifying in the EU, triggering unrest and threatening the bloc’s economy
TL;DR
- A global supply shock, triggered by the US-Israeli attack on Iran and disruption of the Strait of Hormuz, is driving an EU fuel crisis.
- Oil prices surged, and while they have fallen, they remain volatile, impacting diesel and jet fuel prices which have doubled.
- Europe's higher diesel consumption and refining mix contribute to structural shortages of diesel and jet fuel.
- Rising fuel costs have led to protests by farmers, truckers, and transport workers in countries like Ireland, causing supply chain disruptions.
- Potential jet fuel shortages could impact summer travel, with airlines like Ryanair already reducing flights.
- Several EU governments have introduced tax cuts and other measures to mitigate the impact of rising fuel costs.
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