Global Airlines have been hit hard as they struggle to obtain enough jet fuel to maintain their regular flight schedules.
The months-long closure of the Strait of Hormuz has led to severe fuel shortages around the globe, as companies battle to continue operations, according Worldoil report.
However, The U.S., Nigeria, Canada, India and South Korea have all stepped in to provide Europe with jet fuel. Meanwhile, in Italy, refiners boosted jet fuel production by around 10 per cent during the first four months of the year, helping to meet national demand.
The U.S.-Israeli war on Iran led to the closure of the Strait of Hormuz a key trade corridor connecting the Persian Gulf with the Gul...
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Global Airline Operators Struggles For Jet Fuel As Hormuz Closure Causes Severe Shortages.
Source: Leadership News
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