Holidays ‘very likely’ at risk over looming jet fuel crisis, EU energy boss warns
The commission said airlines face shortages and Lufthansa is cutting 20,000 flights through October as Europe braces for fuel disruption.
- On Wednesday, the European Commission proposed measures to address energy market disruptions from the US-Israeli war with Iran, including optimizing jet fuel distribution among member states to manage potential shortages.
- Europe remains particularly vulnerable, importing 30 per cent to 40 per cent of its jet fuel from the Middle East, while the effective closure of the Hormuz Strait has disrupted oil flows and strained reserves.
- German carrier Lufthansa cancelled 20,000 flights through October to conserve 40,000 metric tonnes of jet fuel, with fuel prices doubling since the Iran conflict outbreak.
- Dan Jorgensen, energy commissioner for The European Union, warned Europe faces a "very serious crisis," stating it is "very likely" that many people's holidays will be affected by flight cancellations or expensive tickets.
- The International Energy Agency warned Europe may have only "around six weeks of jet fuel remaining," prompting acceleration of electrification strategies to reduce long-term fossil fuel dependency.
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Energy commissioner Dan Jorgensen says Europe faces a ‘very serious crisis’
Holidays 'very likely' at risk as EU warns of 'crisis'
The EU has warned that Europe is in a "very serious crisis" as aviation fuel stocks start to run low due to the war in Iran and people might have to change holiday plans this summer.
Among them alternatives to the car and plane for less consumption. Still, FC Porto and Sporting decide today first finalist of the Cup of Portugal.
The European Commission is proposing a package of measures to mitigate the impact of the Iran war on energy supplies in Europe. This includes, for example, optimizing the distribution of kerosene between EU countries to avoid shortages, the Brussels-based authority announced on Wednesday. "The decisions we make today will shape our ability to meet the challenges of today and the crises of tomorrow," said European Commission President Ursula von …
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