Eu fuel disruptions pose growing threat to air travel

As global unrest continues to disrupt shipping lanes, the European Union is bracing for a potential shortage of jet fuel that could significantly impact air travel. Authorities warn that if key passages remain shut, fuel deliveries to Europe may slow, putting air travel at risk.

Jet fuel dependence exacts a toll

According to the International Air Transport Association (IATA), nearly a third of the world's jet fuel is sourced from outside Europe. Half of Britain's kerosene supply originates from the Persian Gulf, making it particularly vulnerable to disruptions. The Strait of Hormuz, a narrow sea passage, typically carries about 20% of global oil and liquefied natural gas shipments, including 500,000 barrels of jet fuel daily.

With the Strait now blocked by Iranian forces responding to attacks, and another key route through the Red Sea facing growing uncertainty, Europe's carriers are being forced to reroute flights, adding distance and fuel costs. At peak summer times, daily disruptions could touch as many as 1,150 departures, Eurocontrol warns.

Fuel prices soar amid uncertainty

In the meantime, jet fuel costs have surged to record levels, outpacing crude oil prices. This has led to a flurry of cancellations and escalating fares across major routes. Ryanair's CEO has even hinted at cutting 5-10% of its flights from May to July if disruptions persist.

As the standoff drags on, officials and industry experts fear the ripple effects could reach far beyond regional borders. With tight margins and safety concerns mounting, the outlook for Europe's air travel industry is increasingly precarious.