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EU's Jorgensen on Jet Fuel: No Immediate Shortage, But Long-Term Crunch Looms
Description
EUs Energy Commissioner Dan Jorgensen addresses jet fuel supply concerns, stating no immediate shortages in Europe but a potential long-term crunch due to the Iran war. The Strait of Hormuzs instability and airlines fuel costs are key factors. Jorgensen labels this a fossil fuel crisis, emphasizing the EUs commitment to reducing emissions by 90% by 2040. The EU is exploring peace deals with Iran and Gulf partners for stable energy flows.
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