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Website title: TELS GLOBAL - International Logistics Solutions

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Jet fuel supply crisis hovering over Europe's airports
The Middle East typically supplies up to 75% of the region’s jet fuel imports, feeding major aviation markets like the UK, Germany, France, Spain, Turkey and Italy.

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Across Europe, there has been a rise in diesel thefts from trucks
Thefts of diesel from trucks, as well as from construction machinery, are on the rise as fuel prices increase.

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The IMF's "adverse scenario" looks increasingly likely
The International Monetary Fund cut its growth outlook on Tuesday, April 13, due to Middle East war-driven energy price spikes.

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Jet fuel prices have more than ​doubled
Industry officials warned that jet fuel supplies will remain tight and costly for months, even if Iran reopens the Strait of Hormuz, after damage to refining capacity across the Middle East.

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Poland cuts fuel prices, Germany raises alarm over unfair competition
From 1 April, state-imposed price caps on petrol and diesel have been in force in Poland. At the same time, VAT on fuel has been reduced from 23 per cent to 8 per cent, and the energy tax has been cut to the minimum level in the EU.

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