Europe has 'maybe 6 weeks of jet fuel left', energy boss warns

International Energy Agency warns that European aviation faces severe disruption within weeks if key fuel supplies from the Gulf are not restored. | Contesto: cronaca

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• Europe has 'maybe 6 weeks of jet fuel left', energy boss warns

Contesto

The head of the International Energy Agency issued a stark warning on Tuesday, stating that Europe has 'maybe six weeks of jet fuel left' before flight cancellations become inevitable if critical supplies from the Gulf region remain blocked. The assessment points to an immediate and severe threat to the continent's aviation sector, with the clock ticking on strategic reserves that keep planes in the air. The warning hinges on the continued disruption of maritime fuel shipments from the Persian Gulf, a primary source for European refineries. While the specific cause of the blockage was not detailed in the agency's statement, any prolonged halt in this supply chain exposes a critical vulnerability. Europe lacks sufficient domestic production capacity to meet the high demand for aviation turbine fuel, making it heavily reliant on imports to sustain its dense network of commercial and cargo flights. The implications of a six-week timeline are profound for airlines, airports, and the broader European economy. Aviation is a cornerstone of continental connectivity, tourism, and trade. A systemic shortage would force carriers to make difficult decisions, prioritizing essential routes and potentially stranding passengers and goods. The cost of available fuel would skyrocket, inevitably passed on to consumers through higher ticket prices and freight rates, exacerbating existing inflationary pressures. This crisis highlights a longer-term strategic challenge for Europe's energy security. Past efforts have focused on diversifying sources of crude oil and natural gas, particularly following geopolitical tensions with eastern suppliers. However, the refined product market, especially for specialized fuels like jet fuel, has received less attention. The current situation underscores that securing crude is only one part of the equation; maintaining resilient supply lines for finished products is equally critical for economic stability. Industry analysts note that airlines and airports are likely reviewing contingency plans, which could include fuel rationing, reduced flight schedules, and seeking alternative, more expensive supply routes from other global producers. However,...

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