Europe warned of MAJOR flight cancellations as jet fuel runs dry

    Tim Stewart, president of the U.S. Oil and Gas Association, discusses the Strait of Hormuz conflict between the U.S. and Iran and its impact on gas prices and world energy markets.

    #fox #media #breakingnews #us #usa #new #news #breaking #foxnews #energy #oil #gas #economy #markets #iran #middleeast #war #straitofhormuz #oilprices #gasprices #global #trade #politics #political #politicalnews #government #analysis #security #finance

    Don’t just watch Fox News—be part of it. Become a Fox News Patriot today. https://youtube.com/foxnews/join

    Subscribe to Fox News: https://bit.ly/2vBUvAS
    Watch more Fox News Video: http://video.foxnews.com
    Watch Fox News Channel Live: http://www.foxnewsgo.com/

    Download the Fox News app: https://foxnews.onelink.me/xLDS/cd5yhg3o

    FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable, FNC has been the most-watched television news channel for 18 consecutive years. According to a 2020 Brand Keys Consumer Loyalty Engagement Index report, FOX News is the top brand in the country for morning and evening news coverage. A 2019 Suffolk University poll named FOX News as the most trusted source for television news or commentary, while a 2019 Brand Keys Emotion Engagement Analysis survey found that FOX News was the most trusted cable news brand. A 2017 Gallup/Knight Foundation survey also found that among Americans who could name an objective news source, FOX News was the top-cited outlet. Owned by FOX Corporation, FNC is available in nearly 90 million homes and dominates the cable news landscape, routinely notching the top ten programs in the genre.

    Watch full episodes of your favorite shows
    The Five: https://www.foxnews.com/video/shows/the-five
    Special Report with Bret Baier: https://www.foxnews.com/video/shows/special-report
    Jesse Watters Primetime: https://www.foxnews.com/video/shows/jesse-watters-primetime
    Hannity: https://www.foxnews.com/video/shows/hannity
    The Ingraham Angle: https://www.foxnews.com/video/shows/ingraham-angle
    Gutfeld!: https://www.foxnews.com/video/shows/gutfeld
    Fox News @ Night: https://www.foxnews.com/video/shows/fox-news-night

    Follow Fox News on Facebook: https://www.facebook.com/FoxNews/
    Follow Fox News on X: https://x.com/foxnews
    Follow Fox News on Instagram: https://www.instagram.com/foxnews/

    48 Comments

    1. PARIS ACCORD ADHERENCE EXPOSES EUROPEAN VULNERABILITY AMID GLOBAL SUPPLY SHOCK

      BRUSSELS — A deepening economic crisis in Europe has laid bare the catastrophic fragility of the continent’s supply chains, a situation critics argue was made inevitable by the European Union’s rigid commitment to the Paris Climate Accords. While global shipping channels like the Strait of Hormuz remain technically operational, the European economy is currently experiencing the devastating consequences of a long-term strategy that prioritized environmental mandates over energy security and geopolitical stability.

      The crisis stems from what many international observers describe as a multi-decade failure in European foreign policy. For years, European capitals pursued a policy of engagement and "kowtowing" toward Iran, resisting more stringent controls and often failing to align with the United States in its strategic efforts to stabilize the Middle East. This lack of support for American and Israeli security initiatives has now culminated in a regional volatility that Europe is ill-equipped to handle, particularly as its self-imposed transition away from traditional energy sources has left it without a reliable safety net.

      Under the strict requirements of the Paris Accords, European nations have aggressively decommissioned domestic fossil fuel infrastructure and fossil-based power generation in favor of intermittent green energy. However, this shift has not eliminated the need for refined petroleum products like jet fuel; instead, it has simply outsourced the supply to unstable regions. Now, even a minor disruption in the global supply chain has triggered a "domino effect" across European markets, with energy costs skyrocketing and industrial output stalling.

      The contrast between the two sides of the Atlantic is becoming increasingly stark. While the United States has leveraged its domestic energy production to maintain relative stability, European economies are reeling from the high cost of their "green" adherence. Financial analysts warn that if the EU does not recalibrate its approach to both regional security and its energy mix, the current supply chain shock may lead to a permanent de-industrialization of the continent. The situation serves as a grim case study in how a failure to back allies and an over-reliance on idealistic climate goals can leave a modern economy defenseless against geopolitical reality.

    2. Focus on cars being EVs and save the oil for jets and plastics otherwise this crap will continue. Now stop ripping people off on EVs

    3. The people of Europe must not complain because all the NATO countries, and leaders of European countries, disrespected and ignored President Trump's plea for help.

      Now suck it up buttercup.

    4. This invasion of another country is costing the rest of the world needlessly and enormously. The attackers owe the world billions

    5. Why the F has US to brag about? And that's what brought them down now here. Why do you have to brag? Shut, zip it? If you success add something why, don't tell anybody!!! No, they're in trouble because of bragging. Isn't that right? F*** that s***, I'm, I'm getting tired of all this

    6. Thank you Jesus I'm Grateful as I retire this year, $34K Biweekly, big house 🏠 , perfect life… but why does it still feel empty inside? This completely changed how see purpose and success.❤️

    7. What has it to do with Oil produced in America???
      Why does the fuel ⛽️ price increase in America??
      American 🇺🇸 produce and Export Oil, YES

    8. The bottom line is that jet fuel is a commodity that can be shipped anywhere in the world. While it is true that, right after a major upset, some airports may experience a shortage of jet fuel, it will get re-balanced pretty fast. Fuel will get shipped to a highest bidder, and prices will be more or less the same everywhere. So jet fuel from the US will go to Europe or Asia until the prices and availability become stable again. So if an airline in Europe is paying $1,500 per ton of jet fuel, airline in the US will pay about the same, perhaps a bit less due to lower transport costs. And by the way, Europe does refine 2/3 of it own jet fuel, while importing about 1/3.

    9. Cancelled flights because o've lack o've jet fuel . ?are we heading there ?minute marker 1:401:46 The people who are going to see the down side o've that will be the US consumer . minute marker 2:242:28 Why could the guest not just reply yes when asked the question ?

    10. Americans needs to stay far away from Europe . I run a business in Italy, and americans needs to stay out ! And always remember , what goes around always comes around …

    Leave A Reply
    Share via
    Share via