EU eyes options as Iran conflict threatens jet fuel shortages

The European Union is concerned about jet fuel supplies due to the blockade of the Strait of Hormuz. Despite pressure on jet fuel stocks, there is no evidence of actual shortages, and widespread flight cancellations are not expected. The EU is following the situation closely and has established a "fuel observatory" to monitor supplies, including from the US. Airlines will be provided with guidance on passenger rights in the event of jet fuel shortages.