Europe’s Jet Fuel Shortage Arriving in Weeks
Europe could face a jet fuel shortage within three weeks if flows through the Strait of Hormuz remain restricted, according to the region’s airport industry group. ACI Europe warned that a continued disruption would leave airports and airlines short on supply during the start of the peak summer travel season. In a letter to EU officials, the group said a shortage would quickly ripple through the aviation system and hit economic activity across the bloc. “If the passage through the Strait of Hormuz does not resume in any significant…