EU Seeks US Jet Fuel To Offset Shortages
The European Union is evaluating a proposal to have member states share jet fuel stockpiles to mitigate rising costs and supply risks. This comes as the dispute over the Strait of Hormuz threatens the supply of fuel from the Gulf, which accounts for 50% of European carrier usage. While no imminent shortage is expected, the measure aims to stabilize the market following skyrocketing oil prices linked to the conflict involving Iran. The European Union is considering allowing several member states to temporarily import jet A-1 kerosene from the United States. German Environment Minister Carsten Schneider noted there is still potential for transitioning to sustainable aviation fuels. China has criticized the EU's plans to strengthen domestic industry through new legislation.
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Sources · 7 independent
“The European Union is considering asking member countries to share jet fuel.”
“Jet fuel has doubled in price since the start of the US-Israel war with Iran as the conflict has slowed its production and transportation across the Middle East.”
“Brüssel will offenbar aufdrängen, mehrere Mitgliedstaaten, den Import von Kraftstoffen wie dem Chet A-Kerosin aus den Vereinigten Staaten zumindest temporär ermöglichen, um einem möglichen Mangel vorzubeugen.”
“advance by killing as many soldiers a month Thank you for watching.”
“Jet fuel shortage, which in addition to making plane tickets more expensive, causes temporary or permanent cancellation of many flights, indicates the importance of reopening the Strait of Hormuz for Europe.”
“Commercial jet fuel stocks are still under pressure in parts of Europe and the European Union is working to secure alternative fuel supplies from the US.”
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