A disruption to global oil supplies would do far more than push up petrol prices. Crude oil is the raw…
Halloumi exports threatened as Cyprus risks exclusion from EU market over foot-and-mouth culling
Cyprus risks being excluded from the European Union’s single market if it unilaterally ends the culling of animals affected by…
IEA proposes largest ever oil release from strategic reserves, WSJ says
The International Energy Agency has proposed the largest release of oil reserves in its history to restrain soaring crude prices…
Elias Neocleous & Co LLC advises on Pelagic Credit Plc’s USD 75 million private placement and listing on Euronext Growth Oslo
Elias Neocleous & Co LLC acted as Cyprus legal counsel in connection with the successful completion of the USD 75…
Airlines raise flight prices as Middle East conflict drives jet fuel surge
Qantas Airways and Air New Zealand have announced fare increases after jet fuel prices nearly doubled in the wake of…
Pound rises against dollar amid Middle East tensions and falling oil prices
The pound rose against the dollar on Tuesday as hopes for a de-escalation in the Middle East conflict pushed oil…
Iran war sends Cyprus hotel bookings down 25-30% but industry expects recovery
Cyprus’s tourism industry has been disrupted by cancellations following the US-led war against Iran and the drone strike on RAF…
Air links restored at Cyprus airports as major carriers resume flights
Air links between Cyprus and Europe have been restored after several carriers suspended services due to the conflict in the…
Trump reviews options to curb energy prices as Iran strikes roil markets
U.S. President Donald Trump is expected to review as early as Monday a set of options to tame oil prices,…
Iran war: Cyprus fuel prices to rise for weeks, petrol owners’ chief warns
Cypriot drivers face weeks of climbing fuel costs after crude oil swung from $93 to $117 a barrel in less…