Europe Faces Jet Fuel Crisis

Airports Council International Europe warns of jet fuel shortage in three weeks.
U.S.-Israel-Iran war closed Strait of Hormuz, halting 20% of global oil passage.
Jet fuel prices hit $150–$200 per barrel, prompting airline cancellations.
Lufthansa and Ryanair CEOs consider flight cuts amid fuel crisis.
ACI director Olivier Jankovec urges EU to map fuel availability and lift import bans.
European air travel contributes 851 billion euros in GDP and supports 14 million jobs.

Energy | Economy | Transportation

United States | Israel | Iran | Europe

Michael O'Leary | Olivier Jankovec | Carsten Spohr

2 hours ago