There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA

• Business live – latest updates

• Middle East crisis – live updates

Europe has only six weeks’ supply of jet fuel left before shortages will hit because of the Iran war, according to the head of a global energy watchdog.

Fatih Birol, the executive director of the International Energy Agency, said there would be flight cancellations “soon” if oil supplies from the Middle East were not restored within the coming weeks.