Greece raises diesel subsidy to 20 cents/liter as fuel prices spike on Iran war

Greece increased its diesel pump subsidy from 10 to 15 cents per liter, with refineries adding discounts, totaling a 20-cent reduction per liter. The move responds to soaring EU fuel prices following the outbreak of war against Iran, aiming to shield consumers without undermining fiscal resilience. The measure signals sustained energy price pressure in the EU and potential fiscal strain on member states.