Wizz Air Chief Executive Officer Jozsef Varadi does not think the European budget airline would run out of jet fuel, amid concerns about shortages if the Iran war continues for a longer period, Reuters reports.

He tells reporters that at the $1,500 metric ton level for jet fuel, the price is such that tankers are incentivised to head to the US to collect it, making up for any shortfalls from the Middle East, a major source of jet fuel for European carriers.