"Airlines in Europe are bracing for fuel supply shocks caused by the war in the Middle East. The severity of the impacts on passengers will be determined in the coming days and weeks depending on whether a recently announced ceasefire between the United States and Iran holds."
"Jet fuel prices have increased by around 90 percent, according to figures from the International Air Transport Association (IATA). An agreement reached between the US and Iran included that the Strait of Hormuz should be reopened, initially for at least two weeks while the ceasefire is in effect."
"Even if the strait remains open from now on, it will take months for jet fuel supplies to recover around the world. Related air travel disruptions have already become widespread in Asia and are expected to intensify in Europe soon."
Airlines in Europe are facing potential fuel supply shocks due to the war in the Middle East, which could impact flights to and from Germany. The situation is contingent on the stability of a ceasefire between the US and Iran and the flow of oil through the Strait of Hormuz. Jet fuel prices have surged by approximately 90 percent, leading to early disruptions in air travel. Airlines are implementing measures, including flight cancellations, as they brace for worsening conditions in the coming weeks.
Read at www.thelocal.de
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