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European Airlines Face Fuel Shortages Within Weeks

If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of...
HomeBusinessGas Prices Won’t Quickly Return to Prewar Levels, Even if the Strait...

Gas Prices Won’t Quickly Return to Prewar Levels, Even if the Strait of Hormuz Reopens

Some wells can be turned on in days or weeks, but bringing the Gulf’s energy system back to something akin to normal will take months.