European Union & Fatih Birol

European Union: The European Union is concerned about the impact of the conflict on jet fuel supplies and is discussing measures to protect consumers, highlighting the broader economic implications of the event.

Fatih Birol: Fatih Birol, head of the International Energy Agency, provided a warning about the potential severity of energy market disruptions in April, highlighting the ongoing economic concerns.

European Union: The European Union leaders welcomed Péter Magyar's victory in Hungary, hoping for improved relations after Viktor Orbán's rule.

Fatih Birol: Fatih Birol, executive director of the International Energy Agency, warned that Europe only has six weeks' supply of jet fuel due to Iran's chokehold on the Strait of Hormuz, potentially leading to flight cancellations.

Fatih Birol: Fatih Birol, Executive Director of the International Energy Agency, has warned that Europe has 'maybe six weeks or so' of jet fuel left and described the situation as 'the largest energy crisis we have ever faced'.