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Market and ECB Forecasts for Oil and Natural Gas Prices - iefimerida.gr

Summary by Iefimerida
The new war front that opened in the Middle East, between the Houthis and Saudi Arabia, is pushing the energy bill for consumers in Greece and Europe to even higher levels. The damage caused by the Houthis to the Saudi Arabian pipeline, which transports oil to the Red Sea from the east of the country, through which its exports were made after the "closure" of the Strait of Hormuz, was the catalyst for the price of Brent to increase to close to 1…

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Oil and gas prices rise after Saudi Arabia attacks

·Marousi, Greece
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The new war front that opened in the Middle East, between the Houthis and Saudi Arabia, is pushing the energy bill for consumers in Greece and Europe to even higher levels. The damage caused by the Houthis to the Saudi Arabian pipeline, which transports oil to the Red Sea from the east of the country, through which its exports were made after the "closure" of the Strait of Hormuz, was the catalyst for the price of Brent to increase to close to 1…

The European Central Bank estimates show that energy costs will remain elevated, with different scenarios for the course of prices. The new front that has been created in the Middle East, with Yemen's Houthi rebels clashing with Saudi Arabia, is creating new pressure on energy markets and significantly increasing costs for households and businesses in Greece and the rest of Europe. A decisive role in the rise in prices was played by the damage s…

The new Houthi-Saudi front pushes the energy bill in Greece and Europe to higher levels - Market and ECB price forecasts

The question of how long the current energy crisis will last remains open.

The crisis in the Middle East is keeping oil and gas prices high, increasing energy costs for Europe and Greece.

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Business Daily broke the news on Saturday, September 19, 2026.
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