In response to the increasing tensions stemming from the war in Iran, residents of Attica are forming long queues at gas stations as they rush to fill their tanks amid fears of sudden price hikes. This panic buying has already led to shortages of basic unleaded fuel at several stations, with reports indicating that many have run out early in the day. Consumers are evidently anxious about the potential for rapid fuel price increases given the current geopolitical situation, particularly with hundreds of oil tankers trapped in the Strait of Hormuz.

Maria Zaga, president of the Attica Fuel Merchants Association, commented that while price increases have not yet been observed at many stations—at least those still following Saturday’s pricing— the volume of customers is unprecedented, leading to widespread panic in the market. Many service stations are now reporting significant shortages, particularly in unleaded petrol, as supply chains are disrupted and restocking becomes challenging. If stations run out of fuel today, they will face difficulties in replenishing their stocks unless deliveries were anticipated in advance from Saturday.

The implications of this crisis could extend beyond immediate fuel availability, potentially affecting transportation costs and commodity prices throughout Greece if the situation escalates. The ongoing conflict and its impact on oil production and shipping routes could have long-term repercussions on fuel accessibility and pricing, adding further strain to consumers already facing economic uncertainties.