European transport ministers are exploring options to import jet fuel from alternative supplies such as the United States amid potential shortages across the continent. Ongoing disruptions in the Middle East and production cuts in several oil-rich countries have limited the market, Transport Commissioner Apostolos Tzitzikostas told reporters on Tuesday.
The announcement comes as the head of the International Energy Agency, Fatih Birol, warned that jet fuel in Europe is in short supply, a claim backed by several European airlines that have warned it could lead to flight cancellations. The warning has so far been downplayed by the European Commission, which argues that flight cancellations "have nothing to do" with shortages but rather with the airlines' own lack of profitability.
