The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left. In an interview Thursday, Fatih Birol told The Associated Press of his concerns about possible flight cancellations if oil supplies remain blocked by the Iran war. He described the situation as the largest energy crisis ever, with potential significant global repercussions. The Strait of Hormuz closure affects oil, gas, and other vital supplies. Birol predicts higher gasoline, natural gas, and electricity prices worldwide. Japan, Korea and India are among Asia countries on the front line, with Europe and the Americas affected next.
