
Greece Imposes Price Caps to Prevent Profiteering as Oil Prices Surge
Heating oil prices jumped 17.41% in a week in Greece, while diesel rose more than 15%.

Heating oil prices jumped 17.41% in a week in Greece, while diesel rose more than 15%.

“Technological solutions to decarbonise aviation won’t become a massive-scale reality any time soon, so depicting flying as a sustainable mode of transport is pure greenwashing,” the deputy director general of umbrella group BUEC said.

Strikers are blocking fuel depots, and service stations are emptying one after the other. The situation is becoming critical as the lack of fuel is paralysing the whole economy.

Carrefour raised prices on basic food items between 15% and 30% just before announcing on September 7th that it had created a “shopping basket of 30 items for 30 euros.” Designated items include coffee, oil, rice, pasta, and canned goods.

The rising costs of energy are causing families in England to take desperate measures, like using McDonald’s restaurants as shelter. Charities are raising the alarm and asking for government action to help the almost 15 million Brits in poverty.