Europe has only six weeks of jet fuel supply left, energy boss warns

Energy prices are set to rise and a government announcement of pay-outs next April to 10,000 energy-intensive businesses has prompted a warning from industry bodies: the help will come too late for companies on the brink.

The impact of the war in the Middle East is immediate, underlined by a warning today from the head of the International Energy Association that Europe has only 6 weeks worth of jet fuel left if supplies don’t resume soon.