Greek Environment and Energy Minister Stavros Papastavrou has assured the public that the nation possesses sufficient fuel and electricity reserves to withstand the escalating Middle East crisis, following an emergency sector meeting.
Mr. Papastavrou and Deputy Minister Nikos Tsafos convened the high-level session with oil, natural gas, and electricity representatives in Athens.
The officials evaluated potential supply chain disruptions and price shocks stemming from the volatile security situation near the Strait of Hormuz, a critical global shipping chokepoint.
"We confirmed that Greece has adequate stocks and supply coverage," Mr. Papastavrou said in a statement, emphasizing that the regional conflict will not immediately threaten domestic markets.
He credited the government’s diversified energy strategy—championed by Prime Minister Kyriakos Mitsotakis—which relies heavily on expanding renewables and maintaining robust strategic reserves to insulate the national grid.
"Energy security is national security," Mr. Papastavrou added.
He said the ministry is coordinating in real-time with the European Commission, system operators, and energy companies to monitor the situation.
While global oil and gas flows face severe threats from ongoing military brinkmanship in the Persian Gulf, Athens reports zero disruptions to its current imports.
Greek authorities remain on high alert and in close coordination with European Union partners to navigate any sudden economic fallout from the broader Middle East conflict.