International Energy Agency chief Fatih Birol via Flickr Europe is facing a rapidly escalating energy crisis that threatens to paralyze its aviation sector within weeks, as disruptions in global oil supply chains expose the continent’s deep structural vulnerabilities. According to International Energy Agency chief Fatih Birol, Europe may have as little as six weeks of jet fuel remaining if current conditions persist. Birol’s warning comes amid ongoing turmoil tied to the conflict with Iran, which has severely disrupted one of the world’s most critical energy chokepoints—the Strait of Hormuz. This narrow passage normally facilitates roughly 20 percent of global oil flows, making it indispensable to energy markets. Not mincing words in his assessment of the situation, Birol described the situation as “the largest energy crisis…

Click here to read the full article at The Gateway Pundit.

Login or subscribe today!

Login or Subscribe