Europe could experience major flight disruptions within weeks as global energy officials warn the continent has "maybe six weeks of jet fuel left", which could lead to further price hikes and cancellations for… Grouped from 7 articles across 6 sources.
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Europe could experience major flight disruptions within weeks as global energy officials warn the continent has "maybe six weeks of jet fuel left", which could lead to further price hikes and cancellations for Australian travellers.
The International Energy Agency warned Thursday that Europe is going to run out of jet fuel in as soon as six weeks.
Europe's aviation faces fuel shortages as Hormuz tensions threaten travel at the start of the summer season.
Last week, the Airports Council International Europe wrote to the European Commission, saying jet fuel shortages could begin at the start of May if tankers do not start passing through the Strait of Hormuz.
There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA Business live – latest updates Middle East crisis – live updates Europe has only six weeks’ supply of jet fuel left before shortages will hit because of the Iran war, according to the head of a global energy watchdog. Fatih Birol, the executive director of the International Energy Agency, said there would be flight cancellations “soon” if oil supplies from the Middle East were not restored within the coming weeks. Continue reading...
Budget airline says passengers are leaving it later to book flights owing to economic uncertainty Business live – latest updates Middle East crisis – live updates The budget airline easyJet has warned the impact of the Iran war on bookings and oil prices will hit its profits, having driven up fuel costs by £25m in the last month alone. It said it expected to report an increased pre-tax loss of £540-£560m for the six months to March, up from £394m in the first half of 2024-25. The carrier typically makes its money in the second half of the year which includes the peak summer period. Continue reading...
The plan aims to ensure that existing refining capacity is fully utilised and maintained.
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New York Mayor Zohran Mamdani condemned the U.S. war with Iran, saying it has inflated costs in New York City that were already high.
Country taxi drivers say the fuel crisis could prove to be the death knell for the industry in regional areas.
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Anthony Albanese has cut a trip to Malaysia short to visit Viva Energy Refinery in Geelong, which went up in flames late on Wednesday.