Jet fuel & United Arab Emirates

Jet fuel: Jet fuel>>> prices have nearly doubled, accounting for a significant portion of the war-related costs for airlines.

United Arab Emirates: The United Arab Emirates has been affected by Iran's strikes and is working to mitigate economic damage, with United Arab Emirates — Dubai pledging support to businesses. Its forces have also used Apache helicopters to shoot down Iranian drones.

Jet fuel: Supply constrained, contributing to high refining margins.

United Arab Emirates: The UAE is a major oil exporter that has rerouted shipments via Fujairah to avoid the strait. It faces regional tensions and has suspended financial transactions with Iran.

Jet fuel: Supply tightness and high prices due to refining disruptions.

United Arab Emirates: The UAE has been hit by Iranian strikes and is using 'dark tankers' to bypass the strait. Its exports have been affected but it remains a key player.

Jet fuel: Supply tightness and high prices due to refining disruptions.

United Arab Emirates: Refineries offline due to Iran conflict, reducing regional refining capacity.

Jet fuel: The commodity at the center of the event; Dangote's exports of jet fuel to Europe have surged, impacting global trade flows.

United Arab Emirates: Supplied limited jet fuel volumes to Europe in July, facing competition from Dangote.

Jet fuel: The ex-depot price of Jet A1 aviation fuel has been reduced by Dangote Petroleum Refinery, contributing to lower costs for the aviation sector.

United Arab Emirates: The United Arab Emirates' withdrawal from OPEC is noted but does not directly influence the current fuel price reductions by Dangote Petroleum Refinery.