Hormuz Crisis Threatens Europe’s Supplies: Brussels Considers Fuel Cost Support and Air Travel Rationing

 Analysts warned that Europe's jet fuel reserves may only last six weeks, prompting the EU to propose a comprehensive emergency draft plan including 50% fuel cost support for affected sectors. Reports from Politico indicated that the closure of the Strait of Hormuz and damage to Gulf gas facilities led QatarEnergy to declare "force majeure" on contracts with Italy and Belgium. While the Commission maintains green transition as a permanent solution, member states are now forced to adopt austerity measures to rationalize consumption and coordinate oil stocks to face a prolonged phase of price instability in 2026.