The European Union has warned that a prolonged closure of the Strait of Hormuz could have catastrophic consequences for Europe and the rest of the world. EU Transport Commissioner Apostolos Tzitzikostas issued the warning during an emergency video conference of EU transport ministers convened to address the ongoing crisis. He said that European airports are already facing a severe shortage of jet fuel, prompting the EU to seek alternative fuel supplies from the United States and other sources.

Despite the fuel shortage, Tzitzikostas assured that there is no immediate cause for panic. He stated that there are currently no signs of widespread flight cancellations in the coming weeks or months, and therefore no need to intervene in people’s daily travel or lifestyle at this stage.

The EU’s emergency response follows several days of disruption in global energy supplies caused by the closure of the Strait of Hormuz, a key maritime route for oil shipments. The situation has heightened concerns over energy security and market stability worldwide.