EU's Battle Against Jet Fuel Shortages Amid Iran Conflict

The European Union is formulating urgent strategies to address a jet fuel shortage looming over the continent, caused by disruptions from the Iran war. Officials indicate that European airlines could face fuel shortages within weeks, threatening travel plans ahead of the summer season.

Europe relies heavily on Middle Eastern imports, with about 75% of its jet fuel coming from the region. In response, the European Commission plans to map refining capacities across the EU and ensure maximum utilization of existing refineries, according to a draft proposal.

This initiative comes amidst rising jet fuel prices following the Strait of Hormuz blockade. Analysts forecast shortages by June, barring alternative supplies, as Europe's refineries operate at full capacity. Heathrow and Paris airports monitor the situation closely, preparing for potential impacts.

(With inputs from agencies.)