Jet fuel stocks depleted by end of summer
EU commercial stocks of jet fuel are expected to be depleted approximately by the end of summer 2025 if the Strait of Hormuz remains closed.
Snapshot · The Rest Is Politics
547. The Truth About Russian Oil, Net Zero, and North Sea Drilling
Explore episode
Jun 24, 2026
Where this was said
Strait of Hormuz: How Close Is Europe to Lights Out?
At 5:00 · chapter starts 4:35
Dan Jørgensen distinguishes between a price crisis — already underway — and a supply security crisis, which remains a serious risk if hostilities resume. He explains that while a peace settlement could normalise the situation, commercial EU jet fuel stocks are on course to be depleted by the end of summer; after that, national strategic reserves must be released. [1] — Dan Jørgensen "Europe's jet fuel stocks will be depleted by end of summer if the Strait of Hormuz stays closed. After that come national strategic reserve…" 04:30 The problem is structural: Europe only refines around 70% of its own jet fuel domestically. Diesel could be next in line. He closes with a sobering reminder that the crisis is not hypothetical for countries in Asia, who are already facing daily supply shortfalls — and that fertiliser shortages, often overlooked, are compounding the global impact.
From 45% to Zero: How Europe Escaped Russian Gas Dependency
When Putin invaded Ukraine in 2022, Denmark had emergency plans ready to force companies to close — by military escort if necessary — to conserve gas for hospitals. Europe sourced 45% of its gas, 50% of its coal, and 27% of its oil from Russia then; today those figures are roughly 10%, 0%, and 3%.
Similar snapshots
$13K MRR with $0 marketing spend
Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
1 million website visitors total
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
90% of Google traffic from free tools
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Sold first SaaS for $250,000
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
$500K total revenue since launch
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
SiteGPT LTV ~$1,700–$1,800
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
50,000 monthly visitors
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT reached $10K MRR in month 1
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Stuck at $2K MRR despite downloads
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
