Following the closure of the Strait of Hormuz on February 28, US jet fuel production has surged to unprecedented levels, averaging over 2.0 million barrels per day for the first time in early May 2023. This spike in production comes as prices for jet fuel doubled, driven by increased crude oil costs and supply concerns in Europe and Asia, which previously depended heavily on the Persian Gulf for imports. The US Energy Information Administration reported that domestic jet fuel inventories remained robust, totaling 45 million barrels as of May 29, 2023, which is 7% above the historical average. The financial incentives for refiners are evident, with jet fuel prices averaging USD 3.91 per gallon from March through May, significantly higher than earlier in the year. As a result of these price dynamics, US jet fuel exports have reached record highs, helping to stabilize international markets as prices in Europe and Asia began to cool from their April peaks. This shift reflects a broader adjustment in global trade flows as the market adapts to supply disruptions.