EBEP: Persian Gulf conflict costs EU 145 billion euros

Persian Gulf conflict energy costs economic impact EBEP EU economy

The Piraeus Chamber of Commerce and Industry (EBEP) has released an economic review detailing the financial impact of the six-month conflict in the Persian Gulf. The report estimates that the European Union has faced a total economic burden of approximately 145 billion euros during this period.

A significant portion of this cost stems from energy prices. The EBEP estimates the additional energy bill for the EU at roughly 85 billion euros, driven by restrictions in the Strait of Hormuz which caused oil, fuel, and natural gas prices to rise. In July, international energy prices remained about 30% higher than pre-conflict levels.

For Greece, the estimated economic burden is 3 billion euros, with half of that amount attributed to energy costs. The report notes that the geopolitical crisis has moved beyond the conflict zones to affect energy markets, maritime transport, inflation, and general economic growth. These disruptions are serious enough that they may alter initial economic forecasts for 2026.

Entities

European Central Bank · European Union · Greece · International Monetary Fund · Piraeus Chamber of Commerce and Industry

Claims

What the coverage asserts, and how many sources carry each claim.

[● 4 SOURCES] The current economic disruption could alter initial economic forecasts for 2026. www.capital.gr · www.fortunegreece.com · www.mononews.gr · www.protothema.gr
[● 4 SOURCES] The conflict has caused disruptions in maritime transport, inflation, and consumption. www.capital.gr · www.fortunegreece.com · www.mononews.gr · www.protothema.gr
[● 3 SOURCES] The additional energy bill for the EU is estimated at approximately 85 billion euros. www.capital.gr · www.fortunegreece.com · www.mononews.gr
[● 4 SOURCES] The economic burden on the Greek economy is estimated at 3 billion euros. www.capital.gr · www.fortunegreece.com · www.mononews.gr · www.protothema.gr
[● 2 SOURCES] International energy prices remained approximately 30% higher in July than levels before the conflict began. www.capital.gr · www.mononews.gr
[● 4 SOURCES] The economic burden on the European Union from the Persian Gulf conflict is estimated at 145 billion euros for the first six months. www.capital.gr · www.fortunegreece.com · www.mononews.gr · www.protothema.gr

Sources

Στα 145 δισ. ευρώ ο «λογαριασμός» του πολέμου στη Μέση Ανατολή για την Ε. [grtimes.gr]

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ΕΒΕΠ: Στα 145 δισ. ευρώ το κόστος του πολέμου ΗΠΑ-Ιράν στην οικονομία της ΕΕ - Στα 3 δισ. για την Ελλάδα [www.capital.gr]

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«Η αβεβαιότητα απέκτησε τιμή»: Πόσα δισεκατομμύρια έχει κοστίσει ο πόλεμος στην ελληνική οικονομία [www.fortunegreece.com]

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Κορκίδης: Η εξάμηνη οικονομική ανασκόπηση του κόστους των έξι φάσεων του πολέμου σε Ελλάδα και Ευρώπη [www.mononews.gr]

1 day ago

ΕΒΕΠ: Στα 3 δισ. ευρώ ο λογαριασμός του πολέμου στον Περσικό για την Ελλάδα [www.protothema.gr]

1 day ago