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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Jet Fuel Supply Disruption
Europe is grappling with a significant jet fuel shortage as shipments from the Middle East have completely stopped this month. This disruption is due to ongoing regional conflicts and the closure of crucial shipping routes, coinciding with the aviation industry's preparations for the busy summer travel season.
## Impact on European Imports
Historically, Europe has heavily depended on the Middle East for jet fuel, with the region supplying about 60% of Europe's external imports last year. However, for the first time since 2017, European imports from the Middle East are expected to vanish entirely in April. This leaves a substantial gap, as European refineries produce only 1.1 million barrels per day, against a demand of 1.6 million barrels.
## Rising Prices and Potential Shortages
The halt in supply has led to a surge in jet fuel prices, now exceeding $200 per barrel. Although airlines and suppliers have minimized the immediate threat of a crisis, the International Energy Agency has warned that Europe could face actual shortages by June if it does not secure alternative supplies to replace more than half of its usual imports from the Middle East.
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