https://knews.kathimerini.com.cy/en/news/us-to-pay-nearly-$1-billion-to-kill-wind-project-just-as-oil-prices-skyrocket
In an almost too ironic twist, the Trump administration announced it will pay French energy giant TotalEnergies nearly $1 billion to scrap plans for offshore wind farms on the US East Coast, just as global oil and gas prices spike due to the conflict in Iran....
https://knews.kathimerini.com.cy/en/news/hms-dragon-arrives-in-cyprus-after-two-week-journey-from-portsmouth
A British naval destroyer, HMS Dragon, has arrived in Cyprus after a journey of nearly two weeks from Portsmouth, where it departed on March 10. The deployment is intended to reinforce air defense capabilities at the UK’s bases on the island....
https://knews.kathimerini.com.cy/en/news/fuel-and-heating-oil-prices-soar-in-cyprus-petrol-could-top-€2-per-liter
Daily attacks targeting the world’s fuel supply lifeline in the Arabian Gulf have triggered an energy shock whose effects are expected to outlast the fighting itself in Iran....
https://knews.kathimerini.com.cy/en/news/cypriot-flagged-ship-stranded-in-gulf
A Cypriot-flagged ship remains stranded in the Arabian Gulf as authorities in Cyprus closely monitor escalating tensions in the region, Deputy Shipping Minister Marina Hatzimanoli said Thursday....
https://knews.kathimerini.com.cy/en/business/cyprus-electricity-prices-to-rise-from-may-possibly-up-to-20-by-summer
Electricity tariffs in Cyprus are expected to rise in the coming months, with initial increases likely in May and the potential for significantly higher costs by late summer....
https://knews.kathimerini.com.cy/en/comment/opinion/the-global-economy-is-facing-severe-turbulence
The Strait of Hormuz is the only maritime passage into the Persian Gulf. The de facto disruption of normal shipping through the Strait of Hormuz caused demand to fall by 80 percent, left oil tankers idle, and forced a halt to oil production because storage capacity is limited. ...
https://knews.kathimerini.com.cy/en/news/uae-offers-flexibility-to-expats-on-tax-residency-amid-iran-conflict
The United Arab Emirates is signaling a softer approach for expats worried about losing their tax residency, as the Iran conflict continues to disrupt travel and business in the Gulf....
https://knews.kathimerini.com.cy/en/news/cyprus-moves-to-protect-tourism-as-government-counters-travel-advisories
Tourism stakeholders in Cyprus will need to work hard in the coming months to prevent serious damage to the sector, which contributes more than 7 percent to the country’s GDP. ...
https://knews.kathimerini.com.cy/en/news/formula-one-pulls-plug-on-bahrain-and-saudi-races
Formula One is set to cancel two major races in the Middle East as escalating conflict in the region forces the sport to put safety ahead of speed....
https://knews.kathimerini.com.cy/en/comment/opinion/two-crises-seven-decades-apart
Exactly seventy years ago, the Suez Crisis disrupted one of the world’s most vital maritime corridors. In July 1956, during the second Arab–Israeli war, the passage was closed, marking the end of an era....
https://knews.kathimerini.com.cy/en/news/iea-releases-record-oil-reserves-but-cyprus-may-still-face-rising-fuel-prices
A record release of emergency oil reserves by the International Energy Agency (IEA) is meant to calm global markets shaken by Middle East tensions, but experts warn the move may not be enough to prevent higher fuel prices in Cyprus....
https://knews.kathimerini.com.cy/en/comment/opinion/the-strategy-of-chaos
The most dangerous development in the war in the Persian Gulf, at least in the medium term, is Iran’s new defensive doctrine, which they call the “Mosaic of Decentralized Defense.”...
https://knews.kathimerini.com.cy/en/business/shipping-costs-surge-as-iran-war-sparks-new-global-price-shock
The war in Iran and the broader geopolitical turmoil it has triggered are fueling a new and sharp surge in global shipping costs. ...
https://knews.kathimerini.com.cy/en/news/oil-prices-climb-past-$116-amid-middle-east-tensions
Oil prices are surging at a pace not seen in years, rattling global markets as the war in the Middle East fuels fears of a major energy supply crisis....
https://knews.kathimerini.com.cy/en/news/strait-of-hormuz-crisis-leaves-35-000-sailors-and-cruise-passengers-stranded-in-gulf
About 20,000 merchant sailors and roughly 15,000 cruise passengers are currently unable to leave the Arabian Gulf as tensions between the United States and Iran threaten maritime traffic through the Strait of Hormuz, according to the United Nations’ shipping agency....
https://knews.kathimerini.com.cy/en/news/russia-weighs-redirecting-gas-away-from-europe-while-iran-conflict-pushes-energy-prices-higher
Russian President Vladimir Putin has indicated that Moscow could suspend natural gas deliveries to Europe if current market conditions persist, as global energy prices climb amid intensifying tensions involving Iran....
https://knews.kathimerini.com.cy/en/news/middle-east-war-pushes-oil-and-gas-prices-higher-raising-fears-for-consumers
The war in the Middle East is shaking the global energy market and pushing fuel prices higher, raising concerns that ordinary consumers, especially in Europe, will soon feel the impact....
https://knews.kathimerini.com.cy/en/news/first-repatriation-flight-from-dubai-underway-as-cyprus-begins-evacuation-effort
Cyprus launched its first repatriation effort from the Gulf on Wednesday, with a flight from Dubai expected to bring home 180 people as regional tensions continue to disrupt travel and leave citizens stranded abroad....
https://knews.kathimerini.com.cy/en/comment/opinion/when-will-the-war-end
The all-powerful United States is acting without being constrained by the even limited and sometimes perfunctory scruples of the past. It did so last October in Venezuela. It is doing so now in the Middle East....
https://knews.kathimerini.com.cy/en/news/nineteen-cyprus-flagged-vessels-currently-operating-in-persian-gulf
Cyprus’ Deputy Ministry of Shipping has confirmed that 19 Cyprus-flagged vessels are currently operating in the Persian Gulf and that no safety issues have been reported involving either the ships or their crews....
https://knews.kathimerini.com.cy/en/news/khamenei-s-wife-succumbs-to-injuries-days-after-military-strikes
Iranian media reported Monday that the wife of Iran’s late Supreme Leader, Ayatollah Ali Khamenei, has died after being critically injured during recent US–Israeli strikes....
https://knews.kathimerini.com.cy/en/news/qatar-weekend-strikes-hit-civilians-areas-not-u-s-targets
Iran said its weekend missile and drone attacks across the Gulf were aimed at U.S. facilities, but Qatar says that’s not the case. The strikes mainly hit civilian neighborhoods, businesses, and key infrastructure....
https://knews.kathimerini.com.cy/en/news/sirens-sound-again-at-akrotiri-base-as-tensions-remain-high
Sirens were heard again a few minutes ago (Monday morning) at the British RAF Akrotiri base near Limassol, heightening anxiety on the island, although there was no immediate confirmation that a new drone strike or attack had taken place, officials said....
https://knews.kathimerini.com.cy/en/news/inside-iran-s-shahed-drones-the-kamikaze-weapons-behind-the-akrotiri-attack
While it is still unknown where the Iranian drone that struck the British bases in Akrotiri was launched from, attention is turning toward the weapons system behind the attack and other operations targeting American, Israeli, and Gulf states....
https://knews.kathimerini.com.cy/en/news/48-flight-cancellations-hit-cyprus-airports-amid-middle-east-war-escalation
Dozens of flights were cancelled at Cyprus’ two international airports on Sunday as escalating war in the Middle East sent shockwaves through global aviation, leaving travelers stranded and forcing airlines to halt regional routes....
https://knews.kathimerini.com.cy/en/news/khamenei-reportedly-killed-in-massive-u-s-–israel-strike-on-iran
Israel says Iran’s Supreme Leader Ayatollah Ali Khamenei has been killed following an unprecedented joint military assault by the United States and Israel, though Iranian officials insist he remains alive....
https://knews.kathimerini.com.cy/en/comment/opinion/u-s-europe-trapped-in-a-loveless-marriage
After 13 months of Trump 2.0, after Greenland, the suffocating pressure on Kyiv and the flirtations with Putin, the tariffs and sanctions against Europeans defending the EU’s digital sovereignty, the verdict could be even harsher....
https://knews.kathimerini.com.cy/en/diplomatica/cyprus–qatar-ties-turn-25-marking-quiet-partnership-that-grew-into-strategic-alliance
A diplomatic relationship that began with a single signature in New York has quietly grown into a strategic partnership spanning energy, investment and regional cooperation....
https://knews.kathimerini.com.cy/en/news/eu-warns-airlines-to-avoid-iranian-skies-until-end-of-march
European airlines have been told to steer clear of Iranian airspace until at least March 31, the bloc’s aviation safety regulator said Thursday, extending an earlier warning as tensions in the region escalate....
https://knews.kathimerini.com.cy/en/news/cyprus-in-dc-kombos-pushes-security-eu-and-regional-ties
Cyprus is strengthening its ties with the United States, with Foreign Minister Constantinos Kombos spending Tuesday in Washington meeting senior US lawmakers and taking part in policy discussions focused on regional stability and Cyprus’ role in Europe....
