Goldman Sachs estimates global refined product stocks have fallen to 45 days of demand as the Strait of Hormuz disruption chokes jet fuel, naphtha, and LPG supplies — a shortage the world cannot easily substitute its way out of.
Europe has six weeks of jet fuel left. Lufthansa has cancelled 20,000 flights. KLM, SAS, and easyJet are bleeding money. The Iran war didn’t just spike oil prices — it exposed a supply chain vulnerability that two decades of refinery closures made inevitable.
Lufthansa Technik’s missed opportunities in the Iranian aviation market and what it is missing out on.
How the re-imposition of sanctions led to a loss of €500 million for ATR and the EU aerospace sector.
The Airbus-Iran deal loss of €22B exposes EU’s missed opportunities with Iran.