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European Union’s transportation ministers convened in Brussels on Tuesday to address the surge in energy costs triggered by the conflict in Iran. They focused on strategies to safeguard consumers at home and at the fuel pumps, following the International Energy Agency’s cautionary note that Europe might only have “around six weeks” of jet fuel left.
“The unfolding geopolitical tension in the Middle East has underscored the potential short-term fuel supply challenges for Europe,” remarked Cyprus Transport Minister Alexis Vafeades, who presided over the online gathering.
Vafeades emphasized that while there isn’t an immediate crisis, the EU should be prepared for possible shortages.
“Such a scenario could disrupt connectivity and impact every EU citizen,” he explained.
“We must be proactive to prevent long lines at gas stations if such a situation arises,” Vafeades added.