European airlines could run out of jet fuel 'in six weeks'

IEA chief warns of severe jet fuel shortages within weeks, forcing flight cuts and higher fares as Europe's energy crisis deepens. | Contesto: cronaca

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• European airlines could run out of jet fuel 'in six weeks'

Contesto

The head of the International Energy Agency, Fatih Birol, issued a stark warning that European airlines could exhaust their jet fuel supplies within six weeks. The impending shortage is already forcing carriers to slash flight schedules ahead of the critical summer travel season, with passengers facing fewer available flights and significantly higher ticket prices. The alert underscores the severe and immediate strain on Europe's aviation sector as the continent grapples with an escalating energy crisis. The timing of the potential fuel crunch could not be worse for the travel industry, which had been banking on a robust summer rebound after years of pandemic-related restrictions. Airlines are now making pre-emptive cuts to their operations, a move that will disrupt holiday plans for thousands and deliver a fresh economic blow to tourism-dependent regions across Europe. The IEA's warning suggests these disruptions are not a distant possibility but an imminent reality, with the clock ticking down to a potential operational standstill for parts of the industry. This crisis is a direct consequence of the profound reshuffling of global energy flows following Russia's invasion of Ukraine. Europe, historically reliant on Russian crude oil and refined products, has embarked on an unprecedented effort to sever those ties through sanctions and embargoes. While the focus has often been on natural gas, the refining sector and the production of key fuels like diesel and jet fuel have been equally upended. Finding alternative suppliers for the specific grades of fuel required by modern aircraft is a complex logistical challenge that the market has yet to fully solve. In parallel, senior European officials are urging national governments to maintain a sharp geopolitical focus amidst the domestic turmoil. They argue that the primary objective must remain crippling Russia's ability to finance its war, warning that Moscow's economy must not be allowed to benefit from the sky-high energy prices its aggression helped trigger. This creates a difficult policy tightrope: securing immediate energy supplies for survival without inadvertently funneling wealth back to the Kremlin...

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Categoria: cronaca