As leaders arrive in Brussels and issue pre-summit statements, surging oil prices and Middle East tensions dominate talks, with Greece weighing diesel subsidies and EU states pushing for tax relief measures.

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

Rising gas and power costs across the EU, driven by extreme weather, low reserves and market volatility, are weighing heavily on households and businesses, with Greece facing some of the steepest electricity prices in Europe

European gas futures are heading for their strongest weekly gains in more than two years after colder weather, shrinking inventories and geopolitical concerns triggered a sharp reversal in market sentiment