MAY OR JUNE SHORTAGES Last week, the Airports Council International Europe wrote to the European Commission saying shortages of jet fuel could begin in three weeks - at the beginning of May, if tankers don't begin sailing through the Strait of Hormuz before then.
Traffic through the Strait of Hormuz - through which a fifth of the world's crude oil and liquefied natural gas supplies transited before the war - has been almost completely blocked since the United States and Israel began bombing Iran on Feb 28.
The head of the International Energy Agency (IEA), Fatih Birol, also warned that Europe could face shortages of jet fuel "maybe beginning of May".
In its latest monthly report on the oil market, released....
