#OIL
Oil at $100: Budget Projections Expose Greece’s Vulnerability to an Energy Shock
Under this adverse scenario, Greece’s real gross domestic product would be 0.45% lower than in the baseline projection, with annual economic growth slowing to 1.9%, compared with stronger momentum in the absence of an energy shock.
U.S. Whistleblower Program Raises Stakes for Greece-Linked Sanctions Violations
The U.S. Treasury’s FinCEN has launched a new whistleblower portal to confidentially report fraud, money laundering, and sanctions violations.
From Greek Hands to Russian Waters: Revelations on Tanker Sales Powering Moscow’s Oil Trade Reach the European Parliament
Despite repeated measures from Brussels, the fleet has continued to grow, raising questions over the effectiveness of EU policy and about who ultimately benefits from this grey zone of maritime trade.
U.S. Sanctions Greek Shipowner Over Role in Iranian Oil Exports
Scott Bessent said the sanctions «degrade Iran’s ability to fund terrorism and threaten our forces».
Greek Consumers Brace for Impact as Persian Gulf Sparks Oil Rally
As global oil prices climb on fears of a supply shock, Greek consumers and businesses are preparing for a fresh wave of cost increases that could destabilize the country’s fragile economic recovery.