
""There is no evidence for fuel shortages in the European Union at present, but supply issues could occur in the near future in particular for jet fuels," said spokeswoman Anna-Kaisa Itkonen."
"The airports lobby ACI Europe has warned the commission of a risk of 'systemic' jet fuel shortages if maritime traffic is not restored in the Strait of Hormuz by the end of April."
"Around a fifth of the world's jet fuel normally transits through the strategic waterway, which has been blocked by Iran since late February in response to Israeli-American air strikes."
"In recent weeks airlines have cancelled flights to cut costs as fuel bills explode and wary clients think twice about travel plans, a situation that could persist even if a fragile truce holds in the Middle East."
Currently, there is no evidence of fuel shortages in the European Union, but potential supply issues for jet fuels are a concern. The airports lobby ACI Europe has warned of a risk of systemic jet fuel shortages if maritime traffic in the Strait of Hormuz is not restored by the end of April. The conflict in the region has led to soaring jet fuel prices, prompting airlines to cancel flights to manage costs, affecting travel plans even amid a fragile truce.
Read at The Local France
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