Vasilis Kikilias: Oil prices show de-escalation in recent hours
Greek Maritime Minister announces oil price de-escalation and 32% ferry ticket reduction while warning against profiteering amid geopolitical tensions.
Oil Prices
Fuel prices surge as Middle East tensions escalate – Gas and electricity costs also rise
Middle East tensions drive fuel price surge in Greece. Brent oil jumps 5% to $74.23/barrel, triggering €0.02/liter increases at gas stations nationwide.
Pierrakakis: Severe consequences if Iran closes the Strait of Hormuz
Greek Finance Minister warns of severe economic consequences if Middle East tensions escalate to close vital Strait of Hormuz shipping route.
Athens concerned over potential Strait of Hormuz closure
Athens fears potential Strait of Hormuz closure amid Middle East tensions between Israel and Iran, threatening higher fuel costs and economic stability.
Six risks to Greek economy from Middle East crisis
Greek economy faces six major risks from Middle East crisis as oil prices threaten to hit $120 per barrel, potentially causing widespread inflation and higher costs.