IEA's Fatih Birol: Europe has "maybe six weeks or so" of jet fuel left as the Strait of Hormuz closure disrupts supplies.
Lufthansa permanently cutting CityLine (27 aircraft) from Saturday + reducing long-haul; KLM cutting 160 flights next month; Ryanair CEO warns 5-10% cancellations in May-July.
Ryanair -5.9%, easyJet -5.9%; WTI +2.5% to ~$93.