EU Commission Spokesperson says the EU is to prep a joint action on jet fuel, if the Strait of Hormuz blockage persists

The EU's consideration of joint action on jet fuel amid the ongoing threat of a blockage in the Strait of Hormuz signals a proactive approach to potential supply disruptions.

Newsquawk StaffPublished On the live feed at 7 more headlines followed before this page went public
Newsquawk headlinesUTC

Changan is reportedly weighing setting up a Spanish auto plant; yet to make a decision

Eli Lilly’s (LLY) US prescriptions for Zepbound were 1,390 for the week ended April 10, according to IQVIA data

EU Commission Spokesperson says the EU is to prep a joint action on jet fuel, if the Strait of Hormuz blockage persists

Israeli Defence Minister reiterates, "We will continue to maintain control over all the areas that our army has taken control of in southern Lebanon", Sky News Arabia reports

Israeli Defence Minister Katz says the ground maneuver in Lebanon has not been completed yet

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This could impact energy prices significantly, especially if tensions escalate, as it highlights the EU's dependency on Middle Eastern oil and fuels. Traders should monitor related asset classes, particularly crude oil and airline stocks, for market reactions.

Related headlines

The whole workspace, free to try.

Try it free