Regional disparities persist, with the Cyclades once again recording the highest prices in the country, where regular unleaded reached 2.173 euros per liter.
With harsh rhetoric reflecting growing tension in Washington-Europe relations, Donald Trump attacked Britain and France over their stance on the war with Iran, urging Europeans to "learn to fight on their own."
Iran set fire to a fully laden Kuwaiti crude oil tanker anchored near Dubai on Monday.
The lesson from the Strait of Hormuz is not closure. It is control.
A Russian fuel shipment is set to reach Cuba after the U.S. president signals a shift in policy, offering temporary relief amid the island’s worsening energy crisis.
The Motor Oil Group announced adjusted EBITDA of €1.2 billion — and a generous dividend of €1.75 per share
Analysts view the measures as largely short-term “firefighting,” as volatile oil prices and ongoing war pressures continue to drive inflation and strain the economy.
Amrita Sen, founder of Energy Aspects, was also cited as warning that the situation clearly pointed to further escalation and, consequently, higher oil prices, while cautioning that assumptions Iran might back down were misplaced.
Tom Kloza, senior energy adviser at Gulf Oil, reportedly warned that markets could enter an “all bets are off” scenario if the conflict spread beyond the Gulf to energy infrastructure in Europe or the U.S.
It comes while a temporary U.S. waiver on Russian oil runs through April 11
The blockage in the Strait of Hormuz has suddenly made Saudi Arabia’s East-West pipeline one of the most critical pieces of infrastructure in the world
Energy Minister Stavros Papastavrou warns the Middle East war is already pushing up fuel prices in Greece, says intervention could come if oil hits $100 a barrel and notes the country holds more than 90 days of reserves.
Qatar's energy minister told the Financial Times in an exclusive interview that a continued Middle East war could send oil to $150 a barrel and force every Gulf energy exporter to halt shipments within days.
Drone strikes and escalating military exchanges have forced precautionary shutdowns of major oil and gas facilities in Qatar, Saudi Arabia, Iraq and Israel, disrupting exports and jolting global markets.
The oil pipeline, which stopped operation in 2013, has a total length of approximately 213 kilometers, of which 70 kilometers run through Greek territory before continuing north to Skopje