European airlines and oil refiners are growing more confident Europe can avoid jet fuel shortages this summer after plants maximised output, boosted imports and governments tapped strategic reserves, according to FT
Context
European airlines and oil refiners appear to be more optimistic about avoiding jet fuel shortages this summer, thanks to increased production and imports, along with government support through strategic reserves. This could stabilize jet fuel prices, potentially easing broader inflationary pressures in energy markets and impacting related sectors such as aviation and transportation.
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