Oman & Fatih Birol

Oman: Oman, as a Gulf Arab country, experienced significant crude production losses and a sharp decline in jet fuel exports.

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.

Oman: Oman has rejected Iran's proposal to charge ships for passage through the Strait of Hormuz.

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.