IEA Warns of Potential Jet Fuel and Diesel Shortages in Europe Amid West Asia Conflict

Brussels. Warnings have been issued that Europe may face shortages of jet fuel and diesel as fuel supplies are impacted by the ongoing conflict in West Asia. Dr. Fatih Birol, head of the International Energy Agency (IEA), has indicated that the fuel shortages beginning in Asia are likely to spread to Europe.

He stated that this problem could emerge in Europe by this month or the beginning of May. According to Birol, the biggest current challenge is the shortage of jet fuel and diesel, which has already begun to manifest in Asia. 'Until March, oil and gas cargoes dispatched from West Asia before the war were arriving at ports worldwide, but such supplies are not expected in April,' he said.

This warning aligns with concerns expressed last week by Germany's Finance Minister and several oil company executives, who noted that an energy crisis could hit Europe if the conflict with Iran does not end.

According to data from the International Air Transport Association, the price of jet fuel has more than doubled compared to February. As a result, airlines have begun taking steps such as increasing fares, imposing surcharges, and cutting some flights.