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How Europe’s Jet Fuel Crisis Threatens Summer Travel Plans

DeFi Daily News by DeFi Daily News
April 19, 2026
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The International Energy Agency on Thursday warned that the Middle East crisis is hurting Europe’s airline industry, which is on the brink of running out of jet fuel. As Europe heads into its peak travel season, a continued blockade of the Strait of Hormuz could lead to hundreds of flight cuts, disrupting travel plans. CNBC’s Leslie Josephs reports on how the industry is weathering the jet fuel shortage and what it means for air travelers.

Produced and edited by: Kaan Oguz
Additional Editing by: Christian Nunley
Production Support: CJ Haddad
Reporting by: Leslie Josephs
Managing Producer: Anuz Thapa
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images

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How Europe’s Jet Fuel Crisis Threatens Summer Travel Plans

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Tags: air travelAirlinesbreaking newsbusiness newscable newscrisisEuropesfinance newsfinance stockflight cancellationFueliran warJetjet fueljet fuel shortagemiddle eastmoney tipsplansStock marketStrait of HormuzSummerTBThreatenstravelus news
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