[REVISION HISTORY]

Greece fuel prices surge amid rising Brent crude costs

Updated 29 times since CLSTR started tracking revisions of this situation.

What changed

2026-08-31 09:39 UTC → 2026-09-18 05:33 UTC · added ~~removed~~

Greece ~~extends diesel~~ fuel ~~subsidy through September~~ prices surge amid rising Brent crude costs

The Greek Ministry of National Economy and Finance ~~has officially announced the extension of~~ previously extended the diesel fuel subsidy through ~~the month of September. The measure aims~~ September to mitigate ~~the impact of~~ high international energy ~~prices on citizens, businesses, and the broader supply chain.~~ prices. The ~~subsidy will remain~~ subsidy, set at 10 cents per liter, ~~which comprises 8 cents plus VAT. The estimated fiscal cost for this September extension is 30 million euros. Since the program’s inception in April, the total fiscal expenditure~~ aimed to stabilize the supply chain and prevent indirect price increases in goods and services. However, fuel prices ~~has reached 211 million euros. This intervention follows~~ in Greece have recently surged as international Brent crude oil prices exceeded $105 per barrel, representing a ~~period of significant price volatility where national~~ nearly 19% increase within a single month. Average unleaded gasoline prices have reached between €2.16 and €2.17 per liter, while diesel prices ~~surpassed~~ have climbed to approximately €2.14 per liter. Regional disparities are notable, particularly on the ~~€2.00 mark~~ Greek islands; for example, unleaded gasoline in the Cyclades has reached up to €2.57 per liter, with other regions like the Dodecanese and ~~Brent crude~~ Lefkada seeing prices ~~fluctuated near $90~~ between €2.20 and €2.45 per ~~barrel. By maintaining this targeted measure,~~ liter. As the heating oil season approaches on October 15, the Greek government ~~intends~~ is holding meetings to ~~prevent indirect price increases in goods and services~~ discuss potential emergency measures for October. There are growing concerns that ~~would otherwise be caused by rising transportation costs.~~ diesel for heating could begin the season at prices between €1.80 and €1.90 per liter if current market trends persist.

Versions

Only revisions since CLSTR began indexing content versions appear here. Select a version to see what changed compared to the one before it.