A significant decline has been recorded in liquid fuel prices in the domestic market over the past month, as a result of the gradual easing of the crisis in the Middle East and the drop in international crude oil prices.
According to the latest data from the Ministry of Development’s Fuel Price Observatory, the average nationwide price of regular unleaded gasoline (95 octane) stood on Thursday (June 18) at 1.968 euros per liter, a decrease of 15 cents compared to May 18, when it had risen to 2.119 euros.
Diesel fuel is following a similar downward trend, whose average price fell by 11 cents to 1.697 euros per liter, compared to 1.815 euros a month ago.
Both Prime Minister Kyriakos Mitsotakis and government spokesperson PaYulos Marinakis
Speaking from Brussels, the Prime Minister emphasized that the decline in crude oil prices on international markets must be immediately reflected in consumer prices.
Similarly, in remarks today, the government spokesperson noted that the pass-through of these benefits to citizens is expected to become visible in the market within the coming week.
Part of the recent reduction at the pump—on the order of 4 lepta for diesel and 3 lepta for unleaded—occurred after last Sunday. This development is linked to the announcement of a 60-day bilateral agreement between the U.S. and Iran to open the Strait of Hormuz, with the aim of conducting negotiations for a long-term peace agreement.
