Europe faces a potential jet fuel shortage within three weeks if the Strait of Hormuz remains closed, according to the continent's airport trade body.The Persian Gulf region supplies about half of Europe's aviation fuel imports, making the closure a significant threat to air travel.Airports Council International (ACI) Europe has expressed increasing concerns about jet fuel availability, especially with the summer tourism season approaching.Smaller airports are considered particularly vulnerable to supply disruptions.Several airlines worldwide have already responded by cutting flights and raising passenger charges amid fears of fuel shortages.The price of European jet fuel recently reached a record high of $1,838... [Continue Reading]