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Euronews
Euronews
Michael Starling

Flying soon? What the jet fuel crisis means for travellers and airlines

Europe IEA Oil easyJet KLM Scott Kirby Tourism Economics Delta Iran Lufthansa

A looming jet fuel shortage in Europe and Asia, driven by the Iran war and closure of the Strait of Hormuz, could upend global travel within weeks if oil doesn't start flowing again soon – pushing up airfares and triggering flight cancellations ahead of the peak summer season.

In an interview on Thursday, International Energy Agency (IEA) Director Fatih Birol told AP that Europe has “maybe six weeks” of remaining jet fuel supplies and that the global economy faces its "largest energy crisis”.

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