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EU Working on Jet Fuel Plan as Iran Crisis Threatens Air Travel
The European Commission will map refining capacity and seek fuller use of existing plants as airlines warn shortages could hit within weeks.
- On April 15, President Donald Trump said the war with Iran could end soon, telling the world to watch out for an "amazing two days" while US forces blockaded Iranian ports.
- Europe relies on the Middle East for 75 per cent of its jet fuel, making the region vulnerable as the Strait of Hormuz closure threatens supplies within three weeks.
- Lufthansa chief technology officer Grazia Vittadini told Reuters on April 15 that suppliers are shortening forecasting windows beyond one month, while European airlines warn of grounded planes and cancellations.
- From May, the European Commission will introduce EU-wide mapping of refining capacity to "ensure that existing refining capacity is fully utilised and maintained," a draft proposal seen by Reuters.
- The European Union requires members to maintain 90 days of emergency oil reserves as a buffer against supply shocks, though current requirements do not specifically mandate jet fuel stocks.
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17 Articles
17 Articles
Lufthansa has already taken several of its planes out of service.
·Hungary
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Deutsche Welle+2 Reposted by 2 other sources
Will Israel and Lebanon speak to each other at the highest level? The government in Beirut denies appropriate plans. Meanwhile, Israel announces an expansion of its operations in the south of the neighboring country.
·Bonn, Germany
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Coverage Details
Total News Sources17
Leaning Left4Leaning Right2Center3Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 33%
R 22%
Factuality
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