Europe has 'maybe six weeks of jet fuel left'
7 hours ago
- #energy-security
- #aviation-industry
- #fuel-shortage
- Europe may face jet fuel shortages within six weeks if it cannot replace half its Middle Eastern imports.
- The Strait of Hormuz closure by Iran has disrupted global jet fuel supplies, causing price surges.
- Potential flight cancellations could occur at select airports if supplies remain constrained, with smaller airports at higher risk.
- Europe is seeking alternatives from the US and Nigeria, but these may only cover over half of lost supplies.
- Jet fuel prices hit record highs, impacting airline costs, with some carriers already canceling flights or facing added expenses.
- EU authorities claim no current shortages but acknowledge future risks, while industry groups urge regulatory clarity and support.