IEA: Europe jet fuel crisis worsens

The International Energy Agency (IEA) has issued a stark warning that Europe may have only about six weeks of jet fuel remaining. IEA Executive Director Fatih Birol stated that supply disruptions from the US-Iran war have created a severe shortage. Jet fuel prices in Europe have soared by over 100% as a result of the crisis. The agency warns that many flights may soon be cancelled if the situation does not improve.