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

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.

Newsquawk StaffPublished 16 Apr 2026, 11:15 UTCOn the live feed at 10:55 UTC — 3 more headlines followed before this page went public

Newsquawk headlinesUTC

11:07

A spokesperson for the Lebanese president told CNN regarding a reported phone call between Lebanese President Aoun and Israeli PM Netanyahu "We have no knowledge of this, and if it happened, a statement will be issued."

10:57

Travelers Companies Inc. (TRV) EPS 7.71 (exp. 6.97), Revenue 11.9bln (exp. 10.72bln), raises quarterly dividend by 13.6% to USD 1.25/shr (prev. 1.10)

10:55

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

10:53

Iranian Parliamentary Speaker Ghalibaf says the ceasefire in Lebanon is as important to us as the ceasefire in Iran

10:45

ACHIEVE-4, the longest Phase 3 study of Eli Lilly's (LLY) Foundayo (orforglipron) to date, reaffirmed its cardiovascular and overall safety profile as well as consistent improvements across key measures of cardiometabolic health

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.

Try the platform free

Free. No signup, no card.

Context

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.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/8 Sept · 19:59 UTC

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports.

Brent crude, after we published+0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.