Athens Expresses Concerns Over Potential Energy Crisis Amid Middle East Tensions

Athens is growing increasingly concerned about the potential for a widespread conflict in the Middle East and the resulting impact on the energy sector, supply chains, and the broader economy, according to a report by 'Kathimerini'.

The primary worry centers on the possible rise in oil and natural gas prices and the disruption of energy transport routes, which could lead to a spike in costs. The ongoing conflict in Ukraine has already shown how energy crises can trigger cascading effects, including price increases in goods and services, higher transportation costs, and broader supply chain disruptions. These challenges could further exacerbate the cost of essential products, a burden already felt by consumers due to unresolved price hikes from past crises.

A government source highlighted the vulnerability of international markets, pointing to recent turmoil as evidence of the potential economic shocks if the conflict intensifies. "When just the rumor of possible hostilities causes such a stir, one can easily see the impact that an actual escalation will have," a government official noted.

In addition to economic concerns, Athens is also vigilant about the possibility of a new wave of refugees should the conflict escalate. Minister of Citizen Protection Michalis Chrysochoidis visited the Evros region to assure that it remains secure despite increasing pressures.

There are also worries about potential repercussions for Greece's tourism sector due to the country's proximity to the Middle East. However, officials express confidence that Greece has historically proven its ability to provide a safe environment for visitors, even during crises.

(Source: Kathimerini)