PNN – Europe is currently facing a crisis that has not yet made headlines, but is slowly making its mark in the energy market: a shortage of jet fuel.
According to the report of Pakistan News Network; Europe is currently facing a crisis that has not yet made headlines, but is slowly making its mark on the energy market: a shortage of jet fuel.
The continent, which needs about 1.6 million barrels of oil a day, has a structural deficit of more than half a million barrels, and this gap is now deepening.
A record-breaking halt in Middle Eastern cargo shipments, coupled with recent tensions, has disrupted supply flows; prices have again crossed $200 per barrel and competition for every cargo has intensified.
The situation is currently described as “manageable,” according to some airlines. But if alternative routes are not sustainable, it’s not just about cost, it’s about continuity.