IEA Chief Birol says Europe has maybe 6 weeks left of jet fuel, AP reports; warns of possible flight cancellations soon if oil supplies remain blocked by the war

Context

The IEA Chief's warning about Europe potentially having only six weeks of jet fuel left underscores the immediate risk to air travel due to disruptions stemming from the ongoing conflict. This situation could lead to significant flight cancellations, impacting both airlines and related sectors. Investors should monitor any geopolitical developments that could exacerbate supply issues and the consequential volatility in oil and energy markets.

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