Global factors and taxes keep fuel prices high in Greece

tovima.gr (Greek)

Fuel prices remain high despite the end of the Middle East war due to complex global market factors. Refinery product prices, not crude oil, dictate retail costs. Factors like refining capacity, supply chain disruptions, and geopolitical tensions significantly impact gasoline and diesel prices. Taxes constitute a large portion of the final fuel price, limiting the impact of any decreases in wholesale costs.


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Global factors and taxes keep fuel prices high in Greece | News Minimalist