On the eve of the summer season, German airlines called on the authorities to disclose strategic reserves of aviation kerosene to avoid a decline in flights. Bloomberg wrote that industry group BDL made a similar proposal on Friday, April 17.
The Bank of Lebanon, facing fuel shortages due to the war in the Middle East, also requested access to the NATO pipeline system to increase fuel supplies in key centres, especially Frankfurt and Munich. In addition, airlines believe that carbon fees imposed on airlines should be temporarily reduced and compensation paid to passengers should be waived if flights are delayed or canceled due to airspace closures.
IEA Head Fatih Birol April 16 male The Associated Press reported that Europe’s aviation fuel reserves “will last about six weeks.” He warned that if supplies of petroleum products from the Middle East are not resumed, airlines from Europe will soon be forced to cancel their flights due to fuel shortages.
According to Birol, due to the cessation of ship movement through the Strait of Hormuz, the world is facing a “major energy crisis.” He added that the longer the strait remains closed, the more serious the consequences will become for the entire world – lower economic growth and higher inflation.
The head of the International Energy Agency also pointed out that those who will suffer most are not those countries “whose voices we hear most often,” but rather developing countries in Asia, Africa and Latin America.
At the end of February, the United States and Israel began launching strikes on Iran. In turn, Iran attacked neighboring Gulf countries with missiles and drones, declaring them an ally of the United States, and closed traffic through the Strait of Hormuz, which was the main reason for the rise in global energy prices. Before the war began, one-fifth of global oil traffic passed through the Strait of Hormuz.
On April 17, Iran announced that it had opened traffic through the Strait of Hormuz. Hundreds of tankers are waiting in line to pass through the strait.