The closure of the Ormuz straits was approved by the Iranian parliament, according to Reuters. The news agency citing Iran’s state television adds that the decision should be finalized by the Iranian National Security Council.

The decision to close the Straits of Hormuz, through which about 20% of the global demand for oil and gas is not yet definitive.

However, the MP and Commander of the Revolutionary Guards, Email Kosari, told the Young Journalist Club that this action is on the agenda and “will be done whenever necessary”.

Strategic diode

The straits of the Ormuz are a great strategic marine binocular as about one in five barrels of oil worldwide passes through that point. As Skai.gr has already stated, any attempt to exclude or limit the transit would be a casus belli for the international community and would cause an economical ignition unprecedented.

The main fear of markets and governments is the destabilization of oil flows from the Persian Gulf. Already, the geostrategic significance of the straits of the hormone raises scenarios of re -evaluations, with predictions for ejecting the price of crude oil even more than $ 80 per barrel.

The impact on the prices of transport, production and heating are expected to be immediate, especially in the EU. And in Greece. The International Monetary Fund (IMF) recalls that in corresponding crises of 2023 and 2024, up to 1% inflation increases in advanced economies, while world GDP shrunk from 0.2% to 1%.

In the field of international trade and maritime transport, uncertainty leads to delays, re -route of ships and an increase in premiums. The threats of attacks on merchant ships, channel exclusions and the redirect of shipping routes from the Suez Canal at the Cape of Good Hope, create a significant burden on the cost of logistics and prices of imported raw materials, cereals and petrochemicals.

Greek shipping on alert

Greek shipping is on alert for the risk of attacks in areas such as the Strait of the Ormuz and the Red Sea. Any derouting of ships will bring increased operating costs, estimated at € 300-500 million, and a possible 1% reduction in the revenue of the Greek-owned fleet. This burden is directly concerned with the smooth flow of goods from Asia to Europe through a Suez, a critical fact for manufacturing, retailing and the supply chain.

In trade, increased import costs, logistics burden and delays in deliveries are expected to cause turnover losses of 200-300 million euros, while increasing the cost of imported products from Asia is estimated between +5% and +7%, affecting inflation.

In addition, Greece’s dependence on energy imports means that even a 20% increase in oil and gas prices will require additional costs of EUR 1 billion for energy imports.

The total financial losses for Greece, in the event of a three -month period of tension, are estimated by EBEP at EUR 2.1 to EUR 2.6 billion, with a percentage of -1% on GDP. At the same time, there is a possible 10% -15% decline in tourist arrivals during the summer months, causing losses of EUR 600-800 million and a decrease of up to 6% in annual tourist revenue.