In a recent statement regarding the ongoing tensions in the Middle East, Greek Deputy Prime Minister K. Hatzidakis reassured citizens that there are currently no threats to the country's energy security or market supply. Referring to past events, he noted that during a similar escalation in June 2025, the tensions lasted only 12 days and had no lasting impact on oil and gasoline prices. Hatzidakis emphasized that the duration of the crisis will be crucial in determining its economic implications.

Hatzidakis's remarks came during an interview with ERT News, where he addressed concerns about the potential effects of the situation on fuel prices and the economy. He acknowledged that while public sentiment might incline towards worries over rising energy costs, past experiences indicate that temporary crises may not significantly affect the market if they are short-lived. He pointed out that discussions around the economic impacts are often speculative and may not materialize in practice, once the political climate stabilizes.

Moreover, Hatzidakis highlighted that approximately 25% of the oil consumed by Greece passes through the volatile regions, but he remains optimistic that energy security will not be compromised. This indicates the government's confidence in its energy strategy and its readiness to address any potential market fluctuations. The Deputy Prime Minister's statements aim to quell public anxiety while signaling the administration's proactive approach in case the situation escalates further in the Middle East.