Anonymousabout 21 hours ago
IEA Executive Director Fatih Birol's 16 April 2026 warning that Europe has "maybe six weeks" of jet fuel left sits against a more ambiguous evidence base: ARA hub stocks have collapsed to a three-year low of 646,000 tonnes and the region is replacing only about half of the Middle East flows cut off by the Strait of Hormuz closure, yet the crude futures curve is pricing normalisation by late 2026 and major carriers remain 75–90% hedged. Airlines including SAS, Ryanair and Lufthansa have already begun cutting schedules while the European Commission works on an emergency supply plan.