Türkiye minister dismisses jet fuel shortage amid crisis

Türkiye’s Minister of Transport and Infrastructure, Abdulkadir Uraloglu, has dismissed concerns over possible jet fuel shortages.

 Uraloglu said the country remains a net exporter and is not facing any supply disruptions in spite of rising global prices and regional tensions.

He made the remarks on Wednesday after a meeting of the Istanbul Chamber of Industry, where he said Türkiye’s position in the global energy market shields it from pressures affecting Europe.

He noted that global energy prices had risen sharply, with crude oil increasing by 50 to 60 per cent, while jet fuel prices had more than doubled.

“We are monitoring global trends closely. While oil prices have increased by 50 to 60 per cent, the price of jet fuel has more than doubled,” he said.

According to him, Türkiye is not dependent on jet fuel imports, instead it is an exporter, adding that there is currently no supply problem in the country.

His comments come after warnings by International Energy Agency Chief, Fatih Birol, who said Europe could face tight jet fuel supplies amid ongoing geopolitical tensions involving the U.S, Israel and Iran.

Uraloglu said Türkiye’s refining capacity and export-oriented energy strategy provide resilience against external supply shocks affecting global markets.

Global energy markets have been under pressure due to disruptions in the Strait of Hormuz, a key shipping route for oil and refined products, raising concerns over supply stability.