In light of rising tensions in the Middle East and their implications on global markets, the Greek Parliament is introducing a Legislative Act aimed at preventing price gouging in the fuel sector. This act will enforce maximum profit limits for fuel trading companies, gas stations, industries, and supermarkets to protect consumers from exploitative pricing during these challenging economic times. Alongside this, there will be increased inspections to identify any potential violations.

The Prime Minister announced the implementation of a price ceiling, specifically setting a maximum profit margin of 5 cents per liter for companies and 12 cents for gas stations. Additionally, there will be a profit cap on essential goods, which must not exceed levels from the year 2025. These measures aim to stabilize prices and ensure that consumers are not excessively burdened by rising costs linked to international events.

The legislative measures will remain in effect until June 2026, as the government continues to monitor the situation closely. Companies that fail to comply with these new regulations could face hefty fines, potentially reaching up to five million euros. The government's proactive approach highlights its commitment to consumer protection amid volatile economic conditions due to external conflicts.