Aviation Fuel
EU warns of prolonged energy shock, forced cuts if Iran war continues
Europe has not yet faced supply shortages, but is grappling with soaring oil and gas prices and airports have warned the first jet fuel shortages could hit within weeks.
Europe's summer flights at risk as Iran war exposes refining decline
Europe’s oil and gas industry has shrunk dramatically over the past 25 years: North Sea production has dwindled and more than 30 refineries - 16% of refining capacity - have been shuttered across the continent.
Europe could face jet fuel crunch within weeks, airports body warns
Air connectivity contributes €851 B ($997.03 B) in gross domestic product annually for European economies and supports 14 MM jobs, with airports handling 26% of Europe's exports by value.
Five EU countries call for windfall tax on energy companies
Such a measure could help fund relief for consumers in the face of high energy prices and be a signal that "we stand united and are able to take action", they said.
Vietnam refinery boosting jet fuel production
Vietnamese aviation authorities said last week the country's airlines were planning to cut their operations due to fuel shortage.
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