# Greek fuel prices rise as Brent crude exceeds 100 dollars > Live situation record from CLSTR: https://clstr.news/situations/greek-economic-pressure-from-rising-fuel-costs > Updated: 2026-09-12T05:46:29.000Z. Sources: 79. Developments: 6. Greece continues to face economic pressure as fuel prices remain high. While previous interventions included diesel subsidies to mitigate costs, recent data shows diesel prices have risen to approximately 2.06 euros per liter, marking a 34% increase compared to September of the previous year. This surge is driven by Brent crude prices exceeding 100 dollars per barrel. According to ELSTAT, diesel prices rose by 30.6% in August compared to the previous year, while gasoline increased by 15.3% and natural gas spiked by 40.2%. These rising energy and transport costs have contributed to an acceleration in general inflation, which rose to 3.8% from 3.4% in July. The economic impact on the transport sector is substantial. For a single heavy truck traveling 10,000 kilometers per month, fuel costs have increased from 4,620 euros to 6,180 euros, an additional 1,560 euros monthly. For a small transport company operating five such vehicles, the annual burden could exceed 93,000 euros. Because fuel accounts for roughly one-third of annual operating costs for road transport companies, a 34% increase in fuel prices can raise total operating costs by more than 11%. ## Claims - The average price of unleaded gasoline in Greece is 2.028 euros per liter. (disputed by 3 sources) - The Greek government has extended the diesel fuel subsidy for the month of September. (corroborated by 5 sources) - The diesel subsidy is set at 10 cents per liter, which equates to 8 cents before VAT. (corroborated by 5 sources) - The estimated fiscal cost for the September diesel subsidy is 30 million euros. (corroborated by 5 sources) - The total fiscal cost of the diesel subsidy since its start in April is 211 million euros. (corroborated by 5 sources) - The National Price Reduction Initiative has launched, covering over 1,660 product codes. (corroborated by 4 sources) - The refinery price for diesel dropped from 1.46 euros per liter on August 25 to 1.41 euros per liter. (corroborated by 3 sources) - High diesel prices could lead to chain reactions of price increases in products and services. (corroborated by 3 sources) - Price reductions on over 1,500 supermarket products will take effect on Monday. (corroborated by 3 sources) ## Timeline ### 2026-09-12: Diesel prices in Greece rise above 2 euros per liter Diesel prices in Greece have surged to 2.06 euros per liter, a 34% annual increase that is significantly raising operational costs for transport companies and contributing to rising inflation. 2 sources. https://clstr.news/cluster/diesel-prices-in-greece-rise-above-2-euros-per-liter ### 2026-08-31: Greece extends diesel subsidy through September to offset high fuel costs Greece is extending its diesel subsidy through September to combat high fuel prices. The 10-cent per liter reduction aims to protect citizens and supply chains amid rising global oil costs. 28 sources. https://clstr.news/cluster/greece-faces-high-fuel-costs-amid-rising-global-oil-prices ### 2026-08-28: Greece implements price cuts on 1,660 supermarket products Greece will implement price reductions of 5% to 30% on over 1,660 supermarket products starting August 31, alongside a potential extension of the diesel fuel subsidy. 27 sources. https://clstr.news/cluster/greece-to-implement-supermarket-price-cuts-and-diesel-subsidy-extension ### 2026-08-26: Greece to extend fuel subsidies and implement supermarket price cuts Greece prepares to extend diesel subsidies and implement price cuts of up to 30% on 1,660 supermarket products starting August 31. 20 sources. https://clstr.news/cluster/greece-fuel-prices-remain-above-2-euros-per-liter-amid-subsidy-discussions ### 2026-08-25: Fuel prices in Greece exceed 2 euros per liter amid subsidy uncertainty Fuel prices in Greece have exceeded 2 euros per liter. While the government considers extending diesel subsidies, international oil prices are falling amid hopes for stability in the Strait of Hormuz. 20 sources. https://clstr.news/cluster/fuel-costs-and-economic-sentiment-impact-greece-and-the-us ### 2026-08-21: Greece faces rising fuel costs and economic policy shifts Greece considers extending diesel subsidies as fuel prices rise, while the government plans long-term economic policies and the short-term rental market sees prices double over a decade. 18 sources. https://clstr.news/cluster/greece-considers-extending-diesel-subsidies-amid-rising-fuel-prices-1 --- Cite as: Greek fuel prices rise as Brent crude exceeds 100 dollars. CLSTR, https://clstr.news/situations/greek-economic-pressure-from-rising-fuel-costs