Jet Fuel Shortages: European Airlines Urged to Use US Supplies

AI Summary

European airlines face potential jet fuel shortages due to the US-Israel conflict. The International Air Transport Association (IATA) recommended wider acceptance of US-grade jet fuel to mitigate supply issues. Prices for jet fuel used by European airlines have increased by 50% since the war began. Currently, US refineries may not be fully equipped to produce Jet A-1, which is the global standard, although increased shipments from the US have been addressing some shortfalls. British Airways' owner IAG stated that while they currently have no fuel availability issues, future restrictions could arise if the conflict persists.