Oil Prices Surge as Red Sea and Hormuz Risks Mount
Oil prices surge to six-week highs as Houthi threats in the Red Sea and rising tensions in the Strait of Hormuz fuel fears of global supply disruptions.
Oil prices surge to six-week highs as Houthi threats in the Red Sea and rising tensions in the Strait of Hormuz fuel fears of global supply disruptions.

Ships flying the Greek flag have maintained strong safety standards, earning renewed participation in a US Coast Guard quality initiative that rewards high-performing maritime administrations and vessels.

Greek manufacturers are facing pressure over planned price reductions on essential goods as rising oil costs and energy uncertainty create new challenges ahead of the September measures

Emergency workplace measures have suspended outdoor delivery services and other manual jobs in Attica as Greece faces extreme temperatures reaching above 40°C.

The court found that Koukakis based his reporting and commentary on the evidence available at the time.
Greece faces its first major heatwave of the year, with temperatures nearing 43°C. Authorities urge caution as extreme heat grips the country.
Sunday shopping is underway across Greece as summer sales continue, with stores welcoming bargain hunters and retailers hoping for a strong boost in sales.
France and Germany deepen military cooperation, with Berlin joining a French nuclear exercise for the first time as they move past the failed FCAS jet program
Eligible beneficiaries of several government-backed home renovation and energy efficiency programs will now have until November 30, 2026, to complete approved projects under revised funding arrangements.
Discounting pressures tourism businesses as arrivals remain robust but spending lags
Performance-based navigation project aims to modernize air traffic management, improve efficiency and strengthen compliance with EU aviation standards at 31 airports
At The Economist’s 30th Annual Government Roundtable in Lagonissi, two of Greek shipping’s leading owners described an industry that now operates in a state of permanent disruption— yet one that is becoming ever more strategically valuable to states, economies and businesses
Dedicated audit teams are scouring influencer posts, hashtags and discount codes for signs of unreported deals. Under a recent tax ruling, the freebies creators pocket in return for publicity count as taxable income. Failing to report them can result in steep fines.
New analysis by the National Observatory of Athens shows that more than 172,973 acres of land have burned in Attica since 2017, with forest losses reaching 38% of the region’s total forest area
The U.S. company is pausing plans to enter five European markets, including Greece, as it focuses on its pursuit of Delivery Hero, efood’s parent company, whose €10 billion acquisition offer was rejected in May
This year the planning has taken on a different character than at any point in the past six years
Legendary Food unveils €40 million revamp of historic Arsakeio Megaro, opening in July
A mystery bettor put roughly $400,000 on Polymarket that Putin won’t finish 2026 as president
The Olympiacos FC president said the proposed 53,000-seat venue could be completed within three years if pending legislation is approved, with the club temporarily relocating to Athens' Olympic Stadium (OAKA) during construction
A Chios conference highlighted how border islands like Psara and Oinousses face vanishing populations and a shrinking pool of couples of childbearing age
A planned facility capable of producing up to 150 satellites annually would anchor the country’s new 350-million-euro national space strategy
Retailers will also have the option to open on the first Sunday of the sales season, July 19, with recommended operating hours between 11:00 a.m. and 6:00 p.m.
Development Minister Takis Theodorikakos says government measures to curb profiteering have reduced prices, while talks continue on further cuts for essential goods.
Nvidia’s newest AI servers use a closed-loop liquid cooling system, doing away with water-dependent air-cooling fans and slashing energy costs
The European Court of Human Rights ruled against the Greek state over actions and statements by then PM Alexis Tsipras, DM Panos Kammenos and Justice Minister Stavros Kontonis. The ruling is deemed significant for defense of the rule of law
Διαχειριστής - Διευθυντής: Λευτέρης Θ. Χαραλαμπόπουλος
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