Europe could face jet fuel shortages as early as June, the International Energy Agency (IEA) has warned, as the prolonged closure of the Strait of Hormuz continues to disrupt global fuel flows and push prices to record highs. In its latest monthly oil market report, the IEA said Europe has “maybe six weeks of jet fuel left” unless it can replace at least half of its usual imports from the Middle East a region that historically supplied around 75% of Europe’s jet fuel imports