Displaying items by tag: oil prices

Iran's attack on Israel on Saturday sparked intense concerns about the impact it could have on the global economy.

The price of crude fell today below the symbolic threshold of $ 50 a barrel, for the first time since October 2017, due to worries about global growth and, consequently, demand.

If the price of oil drastically increases the government will take the necessary measures, Environment and Energy Minister Giorgos Stathakis said on Monday, speaking to Real FM radio, responding to questions relating to the rise in international oil prices and the increase of the excise duty imposed on heating oil.