European airports ‘face jet fuel shortages within three weeks’; Irish army called in over fuel protests - business live
Body representing European airports reportedly warning of “systemic” shortages if strait of Hormuz is not reopened; petrol demonstrations in Ireland now in their fourth dayThe global oil price may have remained below $100 a barrel this week following the two-week ceasefire agreed in the Middle East - but physical deliveries of regional crude have changed hands at much higher prices in a sign of the ongoing strain on the world’s energy supplies.The price used to value oil deliveries from the North Sea, known as the Forties blend, reached highs not recorded since 2008 at almost $147 a barrel on Thursday as global refineries were forced to vie for fresh cargoes, according to LSEG data.Global stock markets look set to end a volatile week on a more positive footing, with investor sentiment show
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