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Europe faces an alarm. There is only 6 weeks of fuel for planes, flights are at risk

Europe faces an alarm. There is only 6 weeks of fuel for planes, flights are at

A stark warning comes from the heart of the global energy sector and could directly affect air travel in Europe. The continent has "perhaps another six weeks" of jet fuel reserves, while flight cancellations could start very soon if the crisis continues.

This was stated by the director of the International Energy Agency (IEA), Fatih Birol, who described the situation as "the biggest energy crisis we have ever experienced." According to him, the main cause is the blockage of oil and gas supplies through the Strait of Hormuz, a key point through which about 20% of the world's energy passes.

The consequences are expected to be immediate and noticeable for citizens: an increase in fuel, gas and electricity prices, while the hardest hit countries initially are those in Asia that depend on the Middle East. However, according to Birol, the domino effect will soon reach Europe and America.

"If the situation continues, we will soon hear about flight cancellations from one city to another due to a lack of jet fuel," he warned.

Meanwhile, signs of hope for a diplomatic solution are appearing on the horizon. Optimism is growing that the war in the Middle East may be nearing an end, with mediation from Pakistan and the involvement of the administration of US President Donald Trump.

Israel has discussed the possibility of a ceasefire with Lebanon after more than six weeks of clashes with Hezbollah, with talks expected between the leaders of the two countries. Meanwhile, Iran has hinted that it could allow ships to pass freely through the Strait of Hormuz if a deal is reached with the US.

If that happens, tensions could ease and energy markets could take a breather. Otherwise, Europe could face a difficult summer, with air travel and living costs taking a direct hit.