Europe's Aviation Fuel Crisis and Refining Shortfall (legrandcontinent.eu)

• One-third of European refineries closed in 15 years
• Jet fuel prices doubled since the start of the conflict
• Emergency pooling of reserves and new refinery monitoring proposed

"Europe faces potential jet fuel shortages by May as refinery capacity has plummeted by one-third over the last 15 years. This structural loss has increased reliance on Middle Eastern imports. With major transit chokepoints restricted, carriers like KLM are already canceling flights. EU Energy Commissioner Dan Jørgensen is proposing an emergency framework, including the sharing of strategic reserves and a new fuel monitoring observatory, to manage the deficit and explore long-term strategies to boost domestic refining capabilities."