The escalating war in the Middle East is triggering a fresh surge in fuel prices across Greece, with diesel recording sharp increases and gasoline steadily climbing.
Fearing further hikes, motorists rushed to gas stations across Athens, Patras, and other major cities on Tuesday, forming long lines amid concerns that prices could spike even higher in the coming days.
Against this backdrop, the Greek government is reviewing a package of potential support measures, including the possible relaunch of the “fuel pass” subsidy program introduced during previous energy crises.
The decision, officials said, will depend largely on international oil prices, particularly whether Brent crude sustains levels above $100 per barrel, as well as the duration and intensity of the Middle East conflict.
Deputy Prime Minister Kostis Hatzidakis confirmed that Greece is not facing shortages, stressing that the market remains adequately supplied despite localized disruptions.
Fuel Price Surge
Since the outbreak of hostilities, the price of regular unleaded gasoline has increased by an average of 13% nationwide, according to a report in Ta Nea.
On Monday, unleaded gasoline was selling at 1.754 euros per liter, rising to 1.757 euros on Tuesday. Market analysts estimate that prices could reach 1.80 euros per liter by the end of the week if upward pressure continues.
Diesel prices have recorded even sharper increases, raising concerns over broader inflationary effects on transportation and consumer goods.
Gas station owners warn that additional price adjustments are expected in the coming days..
On Monday evening, several fuel stations in Athens and Patras temporarily closed after running out of supply due to heightened consumer demand.
However, Maria Zanga, president of the Attica Gas Retailers’ Association, said there was “no immediate cause for alarm” and that isolated shortages do not reflect a wider supply problem.
Government officials are closely monitoring developments in global energy markets as sustained oil price increases could prompt swift intervention to cushion households and businesses from further economic strain.
