Apostolos Tzitzikostas, the European Union's transport commissioner, reassured that Europe is not facing an aviation fuel shortage in the near future, despite disruptions in global energy markets due to ongoing conflicts in the Middle East. The Strait of Hormuz, a vital shipping route, has been largely closed, impacting oil supplies by about 14 million barrels per day, or 14% of global demand. However, the EU has successfully sourced alternative supplies from the United States and Nigeria, which has helped mitigate the impact of the crisis. Tzitzikostas noted that while there is no immediate shortage, regional airports are at risk, and the rising fuel prices could lead airlines to cancel certain routes. Analysts predict oil prices will average around $90 per barrel this year, marking a significant increase. The commissioner emphasized the importance of resolving conflicts in the Middle East to prevent further economic repercussions, as prolonged instability could lead to a global recession. The European Commission is prepared to manage strategic reserves if necessary, ensuring stability in aviation fuel supplies.