Europe Has Only 6 Weeks of Jet Fuel Left – IEA Warns - video Dailymotion

Global Pulse News (GPN)

Europe is running out of jet fuel. The International Energy Agency warns that the continent has just six weeks of supplies left.  Why? The Strait of Hormuz – a critical route for Gulf exports – has been closed by Iran for over six weeks in response to US and Israeli attacks. Prices have skyrocketed, and experts say flight cancellations could begin as early as June.  Europe normally gets 75% of its jet fuel from the Middle East. Alternative imports from the US and Nigeria can replace only half of that. Even if the Strait reopens now, it would take five to six weeks to restore normal supply – meaning summer travel could be severely disrupted.  Major hubs like Heathrow may be prioritized, while smaller airports face shortages. The European Commission admits supply issues are likely soon. Airlines are already hurting – EasyJet reported £25m in extra fuel costs, and KLM is cancelling 160 flights.  📌 In this video:  IEA’s latest warning  Why the Strait of Hormuz matters  Which countries are most at risk  Airline reactions and cancellations  🔔 Subscribe for updates on the global energy crisis. #europe #travel #crisis #jetfuel

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00:04hello and welcome to global pulse news europe has roughly six weeks of jet fuel left that is

00:12according to a new warning from the international energy agency the street of hormuz a key gulf

00:19route has been effectively closed by iran for more than six weeks the reason retaliation against u.s

00:26and israeli attacks as a result prices have soared and experts now fear flight cancellations

00:33the iea says europe relies on the middle east for 75 of its jet fuel imports alternative supplies from

00:40the u.s and nigeria can replace only half of that so shortages may emerge at some airports as early

00:47as june even if the strait reopens soon analysts warn it would take five to six weeks to restore

00:53normal supply major hubs like heathrow would be prioritized over smaller airports the european

00:59commission says there is no evidence of immediate shortages but admits supply issues could arise in

01:05the near future meanwhile airlines are feeling the pinch easyjet reported an extra 25 million pounds

01:12in fuel costs for march and klm will cancel 160 european flights this month due to rising costs

01:18though it says it is not facing a shortage yet

01:23the

01:23You

Europe Has Only 6 Weeks of Jet Fuel Left – IEA Warns

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