"Fatih Birol stated, 'I can tell you soon we will hear the news that some of the flights from city A to city B might be cancelled as a result of lack of jet fuel.' This highlights the immediate impact of the fuel supply crisis on air travel."
"Birol emphasized, 'It's a dire strait now, and it is going to have major implications for the aviation industry.' This underscores the severity of the situation and its potential consequences."
Europe is on the brink of jet fuel shortages, with only six weeks of supply left due to the ongoing Iran war. The International Energy Agency's Fatih Birol warned of potential flight cancellations if oil supplies from the Middle East are not restored soon. The conflict has disrupted global energy markets, particularly affecting oil exports through the strait of Hormuz. While there are currently no outright shortages, the situation is critical as reserves are depleting and alternative suppliers lack capacity to compensate.
Read at www.theguardian.com
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