Europe faces Q4 jet fuel supply deficit even as South Korea becomes latest big supplier

South Korea steps up to plug Europe’s jet fuel deficit

Europe faces a fourth-quarter jet fuel deficit, even as it turns to far-flung suppliers including South Korea, which is set to boost its jet exports to Europe to a four-year high in September, according to analysts and shipping data. The continent has been importing more jet fuel from nations including Nigeria, the United States and Canada since the outbreak of the Iran war over half a year ago, which hit Middle Eastern supplies and cut off arou…

Europe faces Q4 jet fuel supply deficit even as South Korea becomes latest big supplier

Europe faces a fourth-quarter jet fuel deficit, even as it turns ‌to far-flung suppliers including South Korea, which is set to boost its jet exports to Europe to a four-year high in September, according to analysts and shipping data.