Greek PM Mitsotakis says Europe will not join in on the military operations in proximity to Iran

Greek PM Mitsotakis says Europe will not join in on the military operations in proximity to Iran.

The Greek PM's statement indicates that Europe is distancing itself from military involvement near Iran, which may help to ease geopolitical tensions in the region. This stance could stabilize oil prices, particularly WTI, as military escalation often leads to supply fears impacting commodities. Overall, this move might signal a preference for diplomacy, which could have longer-term implications for energy markets and risk sentiment towards EU assets.