Global
EU Energy Commissioner Dan Jørgensen issued a sharp warning today, Thursday, April 23, 2026, regarding a potential jet fuel supply crisis that could lead to global paralysis within six weeks. Jørgensen stated that the U.S.-Iranian conflict has cost the EU 24 billion euros in additional expenses, emphasizing that gas and fuel prices will not stabilize for another two years. These warnings come amid eroding strategic stockpiles, as disruptions in the Strait of Hormuz have cut fuel supplies to Europe by up to 40%, forcing airlines to cancel thousands of flights to ensure survival until next October.