The European Commission dismissed concerns over jet fuel shortages on Friday, a day after the International Energy Agency's (IEA) leader, Fatih Birol, warned that aviation fuel was enough for roughly another six weeks amid the war in Iran and the closure of the Strait of Hormuz.
Commission spokesperson Anna-Kaisa Itkonen acknowledged that the market is "tight" but said "there are currently no fuel shortages" in the EU, based on information from the oil coordination group, which convenes industry and EU countries and has been meeting weekly with the EU executive to assess the situation.
