EU Says No Jet Fuel Shortage Coming Despite Middle East Supply Loss

Shortages of jet fuel are not looming over Europe despite the shock loss of supply from the Middle East and soaring prices, according to EU Sustainable Transport and Tourism Commissioner, Apostolos Tzitzikostas. “There is currently no jet fuel shortage in Europe. We have no signs that we will have a shortage in the coming period,” Tzitzikostas told Reuters in an interview published on Friday. Since the war in Iran broke out on February 28, European airlines have been struggling with a spike in jet fuel prices, while officials and analysts…