Summary
European airports are worried about jet fuel shortages if the Strait of Hormuz remains closed. This closure threatens the fuel supplies that Europe gets from the Persian Gulf, which makes up half of Europe's jet fuel imports. Airports are concerned about disruptions especially as the busy travel season approaches.
Key Facts
- The Strait of Hormuz is closed, causing concerns about jet fuel shortages in Europe.
- The Persian Gulf supplies about 50% of Europe's aviation fuel imports.
- Smaller airports in Europe are particularly at risk from these shortages.
- The Airports Council International (ACI) Europe warns of potential severe disruptions to airport operations and connectivity.
- The current European jet fuel prices have doubled compared to pre-war levels.
- ACI Europe suggests the EU should consider collective jet fuel purchasing.
- ACI Europe advocates for temporarily lifting restrictions on jet fuel imports.
- Air travel significantly contributes to the European economy and supports millions of jobs.