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INSANE: Fatih birol - The Real Truth

Air Canada Cuts U.S. Flights Amidst Rising Fuel Costs

Air Canada has suspended some of its U.S.-bound flights as a result of rising fuel prices.

International Business Times

Energy Output In Middle East Will Take About Two Years To Recover, IEA Chief Says

Energy output in the Middle East could take two years to go back to pre-war levels, according to the head of the International Energy Agency.

International Business Times

Europe Faces Jet Fuel Shortage Within Weeks, IEA Chief Warns

Europe is facing a fuel crisis due to the US-Iran conflict, with the closure of the Strait of Hormuz impacting supply and causing price surges.

International Business Times UK

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EU downplays jet fuel shortage risks despite IEA warning

EU officials and the International Energy Agency have contrasting narratives over jet fuel supply. While the European commission minimises the risk, it acknowledges that the market remains “tight” and says the EU is prepared to respond appropriately.

Euronews

Britain Is One of the Most Vulnerable Countries in Europe for Jet Fuel; IEA Says Flights Could Be Cancelled From May

Europe faces a jet fuel shortage, raising concerns about potential flight disruptions. The UK is particularly vulnerable due to its reliance on imported fuel and limited refining capacity.

International Business Times UK

Europe Is on the Brink With Only About Six Weeks of Jet Fuel Left: IEA Energy Chief Issues Dire Warning

Europe may face flight cancellations as jet fuel supplies dwindle due to the Iran conflict and Strait of Hormuz closure, warns the International Energy Agency.

International Business Times UK

Fuel shortages? I’ve just had a flight cancelled – and I’m still not worried

TRAVEL INSIDER: In the latest Travel Insider newsletter, Simon Calder explains why rising fuel fears and early flight cancellations are unlikely to ground summer holidays – and how the EU’s entry-exit system is still causing headaches for travellers

The Independent UK

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Europe only has six weeks of jet fuel supply left, energy chief warns

The energy boss warned summer holidays could be plunged into chaos if flights are cancelled

The Independent UK

Europe has six weeks’ supply of jet fuel left, energy boss warns

Fatih Birol, executive director of the International Energy Agency, warned there could be flight cancellations ‘soon’.

Evening Standard

Summer holidays alert: Flights face being cancelled as Europe 'runs out' of jet fuel in six weeks

‘Soon we will hear the news that some of the flights from city A to city B might be cancelled as a result of lack of jet fuel,’ says Fatih Birol, director of the International Energy Agency

Evening Standard

Europe May Only Have Six Weeks Of Jet Fuel Left As Iran Conflict Continues To Disrupt Supplies

Continued risks to Middle East fuel shipments are raising fears of flight cuts and wider disruption across Europe's aviation sector.

International Business Times

Europe has six weeks of jet fuel left caused by 'dire strait' crisis, IEA chief warns

Last week, the Airports Council International Europe wrote to the European Commission, saying jet fuel shortages could begin at the start of May if tankers do not start passing through the Strait of Hormuz.

Euronews

Energy chief warns Europe could run out of jet fuel in six weeks

IN FULL

The Independent UK

Europe has only six weeks’ supply of jet fuel left owing to Iran war, says energy chief

There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA

The Guardian - UK

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The Independent UK

Energy chief warns of flight cancellations as Europe has just ‘six weeks of jet fuel left’

The International Energy Agency chief warned flight cancellations could begin ‘soon’ if oil supplies remain blocked

International Business Times

IMF Slashes Global Forecast Growth As a Result If Iran War But Sees Short-Lived Conflict

The International Monetary Fund (IMF) slashed its global forecast war as a result of the war in Iran and presented different scenarios based on the duration of the conflict.

International Business Times

IEA Head Says Current Oil Prices Don't Show Gravity Of Threat To Energy Markets Posed By Iran War

International Energy Agency head Fatih Birol said on Tuesday that current oil prices don't fully show the gravity that energy markets face as a result of the war in Iran and the Middle East in general.

Euronews

'The largest energy security threat in history' is about to push oil prices further up, IEA warns

No new energy shipments have been loaded in April, signalling a worsening disruption that could intensify the global energy and economic impact, IEA Executive Director Fatih Birol said on Monday.

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The Independent UK

Global energy system will be ‘profoundly transformed’ by Iran war, watchdog says

International Energy Agency chief says current shock driven by Iran’s blockade of Strait of Hormuz will accelerate shift towards renewable and nuclear power

International Business Times UK

Oil Whipsaws $30 in 24 Hours as Trump Vows to 'Hit Iran Extremely Hard'

Oil prices swung nearly $30 in 24 hours as Trump's primetime speech vowed to hit Iran 'extremely hard,' reversing ceasefire-driven losses.

Fortune

Trump will address the nation about the Iran war on Wednesday. Here’s what to expect

Oil analysts warn April will be the cruelest month yet for energy prices, and a presidential speech may not be enough to change that.

Newslaundry

As US readies ground forces in West Asia, India’s ‘stable’ energy claims face a slippery reality

The war in West Asia is nearly a month old, and this morning, there’s news of the United States beginning to deploy airborne troops and Marine units into the region after Iran rejected a ceasefire proposal. This move expands the scope of military action beyond air and naval engagement. These…

International Business Times UK

IEA Reveals 10-Point Plan to Ease Oil Costs Amid Middle East Supply Crisis – Here's the List

The IEA's 10-point emergency plan aims to reduce oil demand amid the Middle East conflict's historic supply disruption, potentially lowering prices and impacting commuters and businesses worldwide.

The Conversation

Grattan on Friday: Albanese government struggles under the ‘stress test’ posed by Middle East war

Crises “stress test” governments and countries. Memories remain vivid of COVID, which put immense pressures on the Australian economy, the federation and Commonwealth and state budgets.

The Times of India

BlackRock CEO Larry Fink warns oil could hit $150 amid Iran‑US war, causing 'global recession'

Larry Fink, BlackRock’s CEO, warns that Iran’s ongoing threats could push oil to $150 a barrel, risking a deep global recession. Even post-ceasefire, regional instability around the Strait of Hormuz may keep prices elevated for years. He stresses the regressive impact on consumers and urges accelerated investment in alternative energy…

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