HANOVER, Germany April 21 (Reuters) - German Economy Minister Katherina Reiche said on Tuesday that supplies of jet fuel were not in danger as refineries were adapting to increased demand, but added
German Government Monitors Jet Fuel Supplies and Prices Amid Middle East Crisis
Impact of Middle East Crisis on German Jet Fuel Supply and Prices
Government Response and Monitoring Efforts
HANOVER, Germany April 21 (Reuters) - German Economy Minister Katherina Reiche said on Tuesday that supplies of jet fuel were not in danger as refineries were adapting to increased demand, but added the government was monitoring the situation.
Reiche was speaking at a trade fair in Hanover a day after Germany's national security council met to discuss energy supplies and agreed to create a special committee for them, sources told Reuters.
Global Energy Disruption and Economic Concerns
Effects on Germany and the European Economy
The Iran war has forced countries including Germany to tackle the biggest-ever disruption to global energy supplies, causing strains in the ruling coalition and fears over growth and business confidence in Europe's largest economy.
Airline Warnings and Potential Travel Disruptions
European airlines and regulators have also warned of flight cancellations, grounded aircraft and disruption to summer holiday travel unless jet fuel supply bottlenecks from the Middle East linked to the Iran war ease soon.
European Union's Role in Jet Fuel Supply
The European Union could coordinate a release of jet fuel stocks if disruption persists, an EU spokesperson told Reuters last week.
Industry Perspectives on Jet Fuel Prices
Statements from the German Aviation Association
"We currently have less of an availability problem than a huge price problem," Joachim Lang, Director General of the German Aviation Association (BDL), said in a statement.
Price Increases and Operational Adjustments
"The price has more than doubled since the beginning of the conflict in the Middle East, and this means that we currently have to make significant adjustments to our plans, because you can't normally count on prices like these."
(Reporting by Maria Rugamer and Andreas Rinke;Writing by Matthias Williams;Editing by Madeline Chambers)
