HormuzHuòěrmùzī霍尔木兹crisiswēijī危机to trigger / to causeyǐnfā引发EuropeŌuzhōu欧洲aviation fuel / jet fuelháng yóu航油shortageduǎnquē短缺,multiple / severalduō jiā多家airlineshángkōng gōngsī航空公司to announcexuānbù宣布to cancelqǔxiāo取消flightshángbān航班。
April 16, 2026 at 7:00 PM
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BusinessHormuz Crisis Triggers European Jet Fuel Shortage as Airlines Cancel Thousands of Flights
The Strait of Hormuz crisis has pushed jet fuel prices to 195 dollars per barrel, double the level from last year. Scandinavian Airlines announced the cancellation of approximately 1,000 April flights, and many European airports have only about ten days of fuel reserves.
The Strait of Hormuz crisis is currently causing serious impacts on the global aviation industry.
According to data from the International Air Transport Association (IATA), the average price of aviation fuel has risen to 195 US dollars per barrel, doubling compared to the same period last year.
The Strait of Hormuz normally handles 40 to 50 percent of Europe's aviation fuel imports, but this waterway is now nearly at a standstill.
The European Airports Council issued a warning, stating that many major European airports currently have fuel reserves barely sufficient to sustain operations for 8 to 10 days.
The Scandinavian airline has announced the cancellation of approximately 1,000 flights in April to cope with the pressure brought by the fuel shortage.
Irish low-cost airline Ryanair CEO Michael O Leary stated that if the fuel shortage problem continues, the company may be forced to reduce summer flights.
On an early April Monday, nearly 7 percent of scheduled global flights were cancelled, with North America's cancellation rate reaching as high as 14.6 percent.
Vietnam Airlines stated that if fuel prices remain at high levels, the company may cut 10 to 20 percent of flight capacity.
Analysts warn that if the situation at the Strait of Hormuz does not improve before the end of this month, Europe's summer travel peak season will suffer serious disruption.
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