On the uphill it seems that the prices of Fuel, both in the markets and in the fuel stations, after a brief retreat, as oil in the international markets remains close to $90 a barrel.
The slow Brent oil ranged around $87 a barrel Friday, while it even touched the $90 in the week, rising nearly 5% this week, as the US intensified economic pressure on Iran to reopen the Strait of Hormuz.
The upward trend in international markets is something that worries the dealers, who expect the increase to be seen in the retail market in the next few days.
After all, prices are rising in the refineries. In particular, the price of petrol is set at 1.80 with VAT, recording an increase of almost 6 euro minutes in two weeks.
At the same time diesel is sold by the 1.75 oil refineries with VAT, increased by nearly 10 minutes compared to 5 August.
According to the latest data from the Ministry of Development (13/8), the average retail price of petrol of 95 octane is €1.998/litre, while 100 octane petrol is formed at €247 euros per litre and diesel traffic costs €1.978/litre.
Support for traffic oil
It is recalled that at the end of last month, Prime Minister Kyriakos Mitsotakis announced an additional reduction in petrol in August with another 10 minutes per litre, with the total discount being set at 15 minutes.
«We decided on the state to cover an additional reduction in traffic oil for the entire August with another 10 minutes per litre so that the total discount would reach 15 minutes. This is a targeted intervention of EUR 30 million aimed not only at supporting professionals and transport, but also at reducing price increases carried over the entire supply chain.», emphasizes himself characteristics.
The international scene
Finance Minister Scott Bessend said Washington would impose unprecedented financial measures, while maintaining the naval blockade of Iranian ports, while further announcements are expected next week.
The International Energy Agency also warned of a deeper global supply deficit, predicting for 2026 the biggest deficit in the last five years.
Meanwhile, Iran and Oman have not yet reached an agreement on the reopening of the Strait of Hormuz, despite previous optimism that the agreement was close.
American officials stated that American forces strengthen their ability to accompany ships through the strait, although navigation remains dangerous, with some tankers deactivating their transponders.
In the Red Sea, Iran-backed Huti militants also hit the Jazan refinery, Saudi Arabia.
Meanwhile, it is expected to reach the US additional crude oil from the Middle East, offering some relief to low reserves.
