News about fuel: events, facts and developments on tafs uz.
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European Commissioner for Defence and Space Andrius Kubilius said the EU is working out the possibility of using military fuel stockpiles to keep refineries operating and prevent shortages in the event of an attack on one of the member states. The volume of the reserves is not disclosed; the issue is to be discussed with NATO.
Otabek YusupovUzbekneftegaz reported that the American company Gulf Oil has studied major highways in all regions of the country and is calculating the economic efficiency of a filling station network project. The terms of equity participation have not yet been determined, and no decision on moving to the next stage has been made.
Aziz KarimovEuropean Commissioner for Defence Andrius Kubilius warned that in the event of a military crisis, demand for diesel fuel and aviation kerosene would rise sharply. At the first round table at the European Commission on refining capacity, participants discussed how to preserve it amid decarbonization.
Aziz KarimovThe operator Villa Vie Residences suspended the cruise ship Villa Vie Odyssey due to rising fuel prices after the start of the war with Iran. Passengers who had bought or rented cabins 'for life' were given about seven hours to disembark in the port of Sihanoukville. The company announced 60 days for restructuring, but a passenger on board says no help is coming from it. Villa Vie Residences has suspended operations of the cruise liner Villa Vie Odyssey due to rising fuel prices following the start of the war with Iran. Passengers who had bought or leased cabins 'for life' were given about seven hours to disembark at the port of Sihanoukville. The company said it needs 60 days for restructuring, but a passenger on board claims no help is coming from it.
Otabek YusupovAmerican Airlines reported record third-quarter revenue of $16.34 billion (up 19.3%), but its net loss widened to $269 million as fuel costs rose 67.5% to $4.64 billion. The company raised its 2026 loss forecast: $1–$1.6 per share.
Sevara AzamovaTruck drivers in southern Italy are blocking roads over rising diesel prices. Police identified 1,339 participants, the mayors of Naples and Bari warn of cities being paralysed, and the airports of Crotone and Reggio Calabria have run out of aviation fuel. The government promises over €1 billion in support.
Javlon TursunovRyanair CEO Michael O'Leary said that in 2027 airfares in Europe could rise by 10–20% due to rising fuel prices amid the war in Iran and weak airline hedging. He also announced a reduction of routes in Belgium due to an increase in the aviation tax.
Sevara AzamovaHead of the Federal Antimonopoly Service Maxim Shaskolsky said that regional authorities and independent gas stations have signed 125 agreements in 44 constituent entities of the Russian Federation to restrain fuel prices. According to him, the mechanism is already producing results. The agency has also conducted administrative work on the fuel market — media reports on the number of cases and warnings differ.
Javlon TursunovUnited Airlines lowered its 2026 profit forecast amid rising jet fuel prices: expected fourth-quarter profit is $0.50 to $1.50 per share, and for the full year no more than $7.22 versus the July forecast of $9–11. At the same time, travel demand is growing, and third-quarter revenue rose 17.4% to $17.88 billion.
Sevara AzamovaOn the Indonesian island of Bali, queues of motorcycles and cars formed due to fuel delivery delays. Authorities and Pertamina attribute the problem to logistics rather than a shortage of stocks and promise additional supplies.
Aziz KarimovGreek Finance Minister Kyriakos Pierrakakis announced a 30% increase in the heating allowance compared to last year and a direct subsidy on heating oil at the pump. The ministry will present details of the measure on Wednesday. The decision comes amid rising fuel prices in Europe: Germany temporarily cut its excise tax by 17 cents per liter from October 1, and Spain extended its tax discounts — both measures remain in effect until the end of December.
Dilnoza Rahimova
