Apr 16, 2026 04:08 PM
But think of all the good it will do to have the emission effects of European travel taken out of the climate change crisis. The moral nobility of diminishing a gloomy future is of higher rank or value than the hardships that energy sacrifice bring.
- - - - - - - - - - - -
Europe has six weeks of jet fuel left caused by 'dire strait' crisis, IEA chief warns
https://www.euronews.com/my-europe/2026/...hief-warns
INTRO: Last week, the Airports Council International Europe wrote to the European Commission, saying jet fuel shortages could begin at the start of May if tankers do not start passing through the Strait of Hormuz.
Europe has "maybe six weeks or so of jet fuel left," the head of the International Energy Agency (IEA) said on Thursday, warning of possible flight cancellations "soon" if oil supplies remain blocked by the Iran war.
IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called "the largest energy crisis we have ever faced," stemming from the cut-off of oil, gas and other vital supplies through the Strait of Hormuz.
"In the past there was a (music) group called Dire Straits. It's a dire strait now and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for the economic growth and inflation around the world," he said. The impact will be "higher (gasoline) prices, higher gas prices, high electricity prices," Birol said.
Economic pain will be felt unevenly, with some countries "hit worse than the others," he said, naming Japan, Korea, India, China, Pakistan and Bangladesh as being on the front line of the energy crisis. "The countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa, and in Latin America," he said.
"Then it will come to Europe and the Americas," he added, speaking from his Paris office. If the Strait of Hormuz is not reopened, he said that for Europe, "I can tell you soon we will hear the news that some of the flights from city A to city B might be cancelled as a result of lack of jet fuel."
Birol spoke out against the so-called "toll booth" system that Tehran reportedly set up for some ships, allowing them to travel through the strait for a fee. He said that turning it into a more permanent rule would risk setting a precedent that could be applied to other waterways.
"If we change it once, it may be difficult to get it back," he said. "It will be difficult to have a toll system here, applied here, but not there. I would like to see that the oil flows unconditionally from the point A to point B." (MORE - details)
- - - - - - - - - - - -
Europe has six weeks of jet fuel left caused by 'dire strait' crisis, IEA chief warns
https://www.euronews.com/my-europe/2026/...hief-warns
INTRO: Last week, the Airports Council International Europe wrote to the European Commission, saying jet fuel shortages could begin at the start of May if tankers do not start passing through the Strait of Hormuz.
Europe has "maybe six weeks or so of jet fuel left," the head of the International Energy Agency (IEA) said on Thursday, warning of possible flight cancellations "soon" if oil supplies remain blocked by the Iran war.
IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called "the largest energy crisis we have ever faced," stemming from the cut-off of oil, gas and other vital supplies through the Strait of Hormuz.
"In the past there was a (music) group called Dire Straits. It's a dire strait now and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for the economic growth and inflation around the world," he said. The impact will be "higher (gasoline) prices, higher gas prices, high electricity prices," Birol said.
Economic pain will be felt unevenly, with some countries "hit worse than the others," he said, naming Japan, Korea, India, China, Pakistan and Bangladesh as being on the front line of the energy crisis. "The countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa, and in Latin America," he said.
"Then it will come to Europe and the Americas," he added, speaking from his Paris office. If the Strait of Hormuz is not reopened, he said that for Europe, "I can tell you soon we will hear the news that some of the flights from city A to city B might be cancelled as a result of lack of jet fuel."
Birol spoke out against the so-called "toll booth" system that Tehran reportedly set up for some ships, allowing them to travel through the strait for a fee. He said that turning it into a more permanent rule would risk setting a precedent that could be applied to other waterways.
"If we change it once, it may be difficult to get it back," he said. "It will be difficult to have a toll system here, applied here, but not there. I would like to see that the oil flows unconditionally from the point A to point B." (MORE - details)