EU transport ministers discuss fuel security amid Middle East tensions

On Tuesday, Cyprus Minister of Transport Alexis Vafeades addressed an extraordinary EU Transport Council meeting held via videoconference in Brussels regarding potential fuel supply disruptions. The discussions were prompted by ongoing geopolitical instability in the Middle East, specifically referencing maritime traffic issues at the Strait of Hormuz. Vafeades emphasized that while the current situation is not critical and aviation fuel supplies remain stable, the EU must prepare for potential short-term supply risks and long-term demand challenges. The minister stressed the importance of coordinated EU action to prevent market panic, such as queues at petrol stations. Commissioner for Transport and Tourism Apostolos Tzitzikostas also participated in the dialogue, which is intended to prepare for upcoming discussions among the 27 EU member state leaders in Cyprus. The primary goal is to manage potential supply interruptions while establishing policies to eliminate future vulnerabilities in the transport sector. No specific timeline for shortages was established, but officials underlined the need for proactive preparedness across all member states.