Athens fears new energy emergency

The threat of generalized conflict in the Middle East is reportedly causing intense concern in Athens regarding the turbulence it could trigger in the energy sector, supply chains, and in the economy in general. 

Regarding energy, there is reasonable concern about the impact on oil and natural gas prices but also about the risk of disrupting energy transport routes, and the knock-on effect this will have on prices.

Such a turn of events was demonstrated by the war in Ukraine, and how an energy crisis can cause chain crises, including price hikes in services and goods, increased transportation costs, and supply chain issues for a variety of consumer items. All this translates into price rises in essential products, which has already happened due to past hikes that have not been entirely addressed. 

According to a government source, the turmoil in the...