The government is on alert over fuels and natural gas, with price increases at the pump starting tomorrow – Even the convening of a Crisis Management Task Force is on the table.
With the stated goal of destroying Tehran’s missile and nuclear capabilities, the Trump administration argues the war will be limited, decisive, and focused—while urging Iranians to seize what it calls a coming “moment of freedom.”
Deputy Foreign Minister Yiannis Loverdos says Greece has an evacuation plan in place but cannot cover accommodation costs, as regional airspace closures leave citizens stuck
Only so many air-defense interceptors are available to knock down an almost limitless number of drones
Migration and Asylum Minister Thanos Plevris said Athens is wary of regime supporters, potential saboteurs
Drivers in Athens rushed to gas stations amid fears of price spikes tied to escalating conflict in Iran and disruptions at the Strait of Hormuz. Industry officials say prices remain stable for now, but warn uncertainty could ripple through global supply chains
The first such meeting is scheduled on Tuesday at noon, with Greek PM Kyriakos Mitsotakis receiving main opposition PASOK party leader Nikos Androulakis at the former's office in Parliament
Diplomats and analysts say Tehran miscalculated with its attacks on Dubai, Doha and Bahrain
A social media post by Israel’s embassy in Athens says Iranian ballistic missiles can reach parts of Europe, including Greece, as tensions escalate and security alerts are reported in Cyprus.
The pan-European Stoxx 600 fell 1.73%, with losses recorded in every sector except oil and gas.
Follow our live coverage for rolling updates on the escalating Iran-Israel-US conflict
In a statement, the UAE’s Securities and Commodities Authority said that the Abu Dhabi Securities Exchange and the Dubai Financial Market will remain closed on March 2 and 3.
Athens is on high alert as rising oil prices and geopolitical uncertainty raise fears of inflation, weaker consumption, and pressure on tourism if the Middle East crisis drags on.
Rising tensions involving the U.S., Israel, and Iran are already driving crude prices up, with Greek market experts warning of immediate fuel hikes and potentially worse scenarios if the crisis escalates.
Allies kill a large number of high-ranking Iranian officials at the start of the campaign
The minister called on Greece’s diplomatic missions to remain on full alert and to maintain constant communication with members of the Greek community in the affected areas.
Similar precautions have been introduced at Athens International Airport, as well as at other major airports across the country.
Meanwhile, Iran’s Islamic Revolutionary Guard Corps said it had launched four ballistic missiles at the U.S. aircraft carrier USS Abraham Lincoln.
“These are unprecedented situations,” Plakoudas said. “Iran had never targeted civilians here in the Gulf before the 12-day war. Now not only military sites but civilian targets are being hit.”
Damage at DXB and the iconic Burj Al Arab, flights grounded, and the Gulf on the brink of a wider conflagration.