Fuel prices in Cyprus have surged to near-record levels since the outbreak of the military conflict in Iran, with further…
Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption
Iraq has declared force majeure on all oilfields developed by foreign oil companies after military operations in the region disrupted…
Wolt delivery riders in Limassol take industrial action over falling pay rates, safety issues
Wolt delivery riders in Limassol launched industrial action on Friday over what they describe as continuously falling pay rates, with…
Iran war will hit Cyprus’s economy, Fiscal Council warns
Cyprus’s Fiscal Council has warned that the war in Iran will place significant pressure across the entire economy. The Council’s…
Cyprus fuel prices set to rise further, petrol station chief warns
Fuel prices in Cyprus are set to rise further in the coming weeks, the head of the island’s petrol station…
Cyprus solar owners face output cuts and stored energy wipeout as bills set to rise
Thousands of Cyprus households with rooftop solar panels face two separate problems this spring: all stored energy accumulated through net…
Book now or pay more: airlines warn of fares surge and Easter flight cuts over Iran war
Airlines are facing jet fuel shortages as soon as next month that could force cancellations of long-haul flights at the…
Cyprus fuel prices surge as Middle East conflict drives oil to $109 a barrel
Fuel prices in Cyprus are rising sharply as escalating conflict in the Middle East drives international oil markets higher. International…
Cyprus fears February may be its last low inflation reading amid Iran war
Cyprus went into the Middle East conflict with three economic advantages working in its favour: a budget surplus of €539…
Parliament to vote on basic bank account bills opposed by government and Central Bank
Parliament is set to vote on two bank account bills this afternoon that the government, the Central Bank, and the…