War in Iran: The kerosene crisis worsens

Fuel Shortage and Price Hikes Disrupt European Airlines
The lack of kerosene and the price surge caused by the Middle East war are disrupting the aviation sector. The main German company, Lufthansa, has thus canceled 20,000 flights planned between May and October to reduce its fuel consumption.
According to the company, these cancellations represent about 40,000 tons of kerosene saved, the price of which has doubled since the beginning of the conflict. Dutch company KLM also canceled 160 flights last week for the coming month. In Europe and the Asia-Pacific region, other companies are raising prices and considering reducing flights as summer approaches.
Fatih Birol, executive director of the International Energy Agency, indicated that Europe has about six weeks of kerosene reserves. European Energy Commissioner Dan Jorgensen believes the situation is shifting from a price problem to a supply problem. He added that member states are considering sharing their stocks to maintain air traffic.
The closure of the Strait of Hormuz disrupts global oil and gas flows. European aviation is particularly affected because a large part of the imported kerosene passes through the Middle East.

Context:
European airlines are facing challenges due to a shortage of kerosene and soaring prices caused by the conflict in the Middle East. This disruption has led to flight cancellations and price increases.

Fact Check:
The article discusses the impact of fuel shortages and price increases on European airlines, particularly due to the conflict in the Middle East. It highlights cancellations by major airlines like Lufthansa and KLM and the potential need for shared fuel reserves among EU member states. The vulnerability of the aviation sector to supply disruptions is emphasized, along with the consideration of sustainable aviation fuels as an alternative.