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Gas Prices Reach New Highs in US in Wake of Ukraine War

The average price of gas in the US passed $4 this weekend, making it the first time gas prices had reached such heights since 2008. The war in Ukraine has fueled the price jump, as Russia is currently the third-largest...

US Senators Introduce Act to Ban Russian Oil, Energy Imports

US Senators introduced a bill that would ban Russian oil and energy imports on Thursday. The "Banning Russian Energy Imports Act" already has widespread support, says senator Joe Manchin, a Democrat from West Virginia, who said that the legislation...

Stocks Plunge, Oil Soars as Markets Reel From Ukraine Invasion

Global stocks plunged, while oil soared after Russian President Vladimir Putin launched a military attack on Ukraine, on Thursday. Putin's moves drew universal condemnation from the West, making punishing sanctions all but certain. "The world is shocked as Russia launches...

US Secretary of State Nominee Blinken says Turkey “Not Acting Like an Ally”

U.S. Secretary of State nominee Antony Blinken said in his confirmation hearing this week that Turkey is "not acting like an ally" in what were some of the most pointed words coming out of Washington in the recent past. At...

PM Mitsotakis Meets with US Energy Secretary on Greece — US Cooperation

The spheres of Greece-US energy cooperation and US investments in Greece dominated a meeting of Greek Prime Minister Kyriakos Mitsotakis and US Secretary of Energy Dan Brouillette in Athens on Thursday. Meeting for the first time, at the Greek Prime Minister's...

Turkey Plans to Drill for Oil Near Greek Islands

Turkey plans to drill for oil near the Greek islands of Crete, Kasos, Karpathos and Rhodes based on a controversial maritime border agreement signed with the Libyan Government of National Accord in November of 2019. According to the Turkish news...

Greek Olive Oil World Trying to Survive Covid-19 Pandemic

By Lisa Radinovsky, Greek Liquid Gold Sandwiched between nations struggling with the coronavirus pandemic, Greece is a surprising success story. But with stay-at-home orders in place for a month, exporters of the country’s flagship products can hardly escape the...

Pomegranate Oil: Greece's Golden Elixir the World Can't Get Enough Of

A Greek exporter of pomegranate oil says that he cannot make enough product to satisfy the current world demand for the oil of this fruit, which features in the mythology and traditions of several cultures. Stefanos Kassidis recently told the...

Greek Olive Oil Takes First Place in World Ranking of Extra-Virgin Olive Oils

An organic Greek olive oil won first place recently in the World Ranking of EVOO (or Extra-Virgin Olive Oils), garnering this accolade for the second consecutive year. The extra virgin olive oil "Gemstone Blend Evoo" from Sakellaropoulos' organic olive groves...

Foreign Minister Nikos Dendias to Visit Washington, Meet With Mike Pompeo

The new Greek Foreign Minister Nikos Dendias will go to Washington DC on Wednesday to meet with his counterpart in the US State Department Mike Pompeo and other senior American officials. The visit was not originally on the official schedule,...