The European Union is exploring jet fuel imports from the United States and considering new minimum reserve quotas due to supply pressures stemming from the ongoing conflict in Iran and the blockade of the Strait of Hormuz. Despite concerns, EU Transport Commissioner Apostolos Tzitzikostas stated there are no current shortages of jet fuel, although some airlines have suspended flights due to high fuel costs. The EU imports 30 to 40 percent of its jet fuel, mainly from the Middle East, and plans to implement a “fuel observatory” to monitor supplies.
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