Kerosene

Fuatilia

The European Commission unveiled its AccelerateEU emergency plan on Wednesday, April 22, to mitigate the energy crisis triggered by the war in Iran. The initiative aims to avert a kerosene shortage following the Strait of Hormuz blockade. It offers recommendations and measures to EU member states and industry.

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Dutch airline KLM announced on Thursday the cancellation of nearly 1% of its European flights over the coming month due to rising kerosene costs. It will offer 80 fewer round trips from its Schiphol base in Amsterdam. KLM justified the move by the financial unviability of these routes while denying any fuel shortage.

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