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  "path": "/money/jet-fuel-shortage-risk-europe-holidays",
  "publishedAt": "2026-04-10T11:59:57.000Z",
  "site": "https://www.gbnews.com",
  "tags": [
    "North Sea oil price surges to record $147 as Reform pushes drilling amid Strait of Hormuz disruption",
    "Rachel Reeves's tax rates put people off work as £100k threshold raids workers' pockets, report says",
    "Lloyds, Bank of Scotland and Halifax issue £40 payments to over 3,500 app users — are you eligible?",
    "The GB News Editorial Charter"
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  "textContent": "\n\n\nEuropean airports could face widespread jet fuel shortages within three weeks unless shipping through the Strait of Hormuz fully resumes, the continent’s main airport body has warned, the Financial Times has reported.\n\nACI Europe said the disruption risks triggering a supply crunch that could hit air travel across the EU during the peak summer season.\n\n###\n\n\n\n\nIn a letter to EU transport commissioner Apostolos Tzitzikostas, the organisation raised “increasing concerns” about fuel availability and urged Brussels to begin proactive monitoring and coordination.\n\n“If the passage through the Strait of Hormuz does not resume in any significant and stable way within the next three weeks, systemic jet fuel shortage is set to become a reality for the EU,” it said.\n\n###\n\n\n\n\nTRENDING\n\nStories\n\nVideos\n\nYour Say\n\n###\n\n\n\n\nJet fuel prices have surged since the outbreak of conflict in Iran, with benchmark north‑west European prices reaching $1,573 per tonne on Thursday — more than double pre‑conflict levels of around $750, according to Argus Media.\n\nGlobal oil markets have remained elevated despite a two‑week ceasefire announced by President Donald Trump.\n\nAirlines say they have sufficient supplies for now, but fuel providers have warned they cannot guarantee deliveries beyond April.\n\nACI Europe noted that the EU lacks a unified system to track jet fuel production and stock levels, and called for coordinated action to prevent disruption.\n\n###\n\n\n\n\n###\n\n\n\n\n###\n\n\n\n\nIt warned that shortages could hamper airport operations and reduce air connectivity across the region.\n\nThe Strait of Hormuz is one of the world’s most critical energy corridors, with around 40 per cent of global jet fuel passing through the waterway.\n\nAny prolonged disruption is therefore particularly significant for aviation.\n\nWhile Europe has not yet experienced widespread shortages, some countries have already taken precautionary steps: Vietnam has introduced rationing, and four Italian airports imposed temporary fuel restrictions last weekend after a supplier issue unrelated to the Strait.\n\n### LATEST DEVELOPMENTS\n\n\n\n\n  * North Sea oil price surges to record $147 as Reform pushes drilling amid Strait of Hormuz disruption\n  * Rachel Reeves's tax rates put people off work as £100k threshold raids workers' pockets, report says\n  * Lloyds, Bank of Scotland and Halifax issue £40 payments to over 3,500 app users — are you eligible?\n\n\n\n###\n\n\n\n\n###\n\n\n\n\nMilitary activity has added further strain to already tight supply conditions, prompting airlines to adjust operations.\n\nDelta Air Lines said it would cut capacity by 3.5 per cent, trimming midweek and overnight flights, and expects an additional $2billion in fuel costs between April and June.\n\nAir New Zealand has also reduced services, while Polish carrier LOT is dropping less popular routes and preparing to raise fares.\n\nAirlines have warned that rising costs and reduced capacity could lead to disruption for travellers during the summer holiday period.\n\n###\n\n\n\n\n\n\n\n\n\n\n**Our Standards: The GB News Editorial Charter**",
  "title": "Jet fuel shortage could hit within 3 weeks as summer holidays face disruption"
}