EU Energy Commissioner Dan Jorgensen says the bloc does not expect a serious jet fuel supply crisis in the short term caused by the US-Israel war on Iran and the closure of the Strait of Hormuz, Al Jazeera reports.
“We don’t expect a very serious security of supply issue on a very short term. But we cannot exclude that there will be security of supply issues on a longer term,” Jorgensen says. “This all depends, of course, on the situation in the Middle East.”
His comments come after the International Energy Agency said countries around the world are tapping into oil inventories and strategic reserves at a “record pace”.
