Geopolitical Developments & Conflict Impact News

ReutersJoanna Plucinska, Kate Abnett

EU drafts jet-fuel supply crunch plan to boost refinery output amid Iran-linked travel risk

European Union officials are developing contingency measures aimed at preventing a looming jet-fuel supply crunch by maximising refinery output. The initiative comes as the Iran crisis threatens air travel demand and operational stability, with upstream supply constraints raising the risk of pricing volatility and availability shocks for airlines and airports.

2026-04-16T00:24:34.356551-07:00

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