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IEA Warns Europe Has Six Weeks of Jet Fuel as Hormuz Disruption Bites

Airlines warn looming shortfalls could trigger cancellations, surcharges.

Overview

  • IEA chief Fatih Birol said European kerosene stocks may last about six weeks, warning flights could be cut if shipments through the Strait of Hormuz do not resume.
  • ACI Europe told the EU that without a stable restart of tanker traffic within roughly three weeks, a systemic jet‑fuel shortage will likely hit airports.
  • The European Commission said it sees no confirmed shortages yet but acknowledged aviation fuel supplies could face near‑term disruptions.
  • Airlines have begun to act, with Virgin Atlantic adding fuel surcharges, Ryanair warning it may cut up to 5% of flights, and British Airways suspending services to Dubai, Doha, Tel Aviv, Abu Dhabi and Jeddah.
  • Rystad Energy warned that May and June could bring sharp schedule reductions if supplies fail to improve as the Strait of Hormuz, a route for about one‑fifth of global oil flows, remains constrained.