https://knews.kathimerini.com.cy/en/business/cyprus-shipping-booms-as-industry-hts-25-year-high
Cyprus’ shipping industry is reaching new highs, with the country strengthening its position as one of the world’s major maritime hubs at a time when global trade and regional instability continue reshaping international shipping routes....
https://knews.kathimerini.com.cy/en/news/explosive-sea-drone-off-greece-sparks-fears-of-war-creeping-into-mediterranean
The discovery of a Ukrainian-designed sea drone packed with explosives off the Greek island of Lefkada is raising alarm in Athens over the possibility that the war in Ukraine could be expanding beyond the Black Sea and into the Mediterranean....
https://knews.kathimerini.com.cy/en/news/greek-authorities-on-alert-after-explosive-packed-sea-drone-found-off-lefkada
Greek authorities are investigating a potentially serious security incident after a naval drone discovered off the island of Lefkada was reportedly found carrying possible explosive material, according to Greek media reports and security sources....
https://knews.kathimerini.com.cy/en/business/cia-doubts-iran-is-close-to-collapse-despite-trump-claims-war-may-soon-end
A classified CIA assessment delivered to the US government this week has concluded that Iran could withstand a US naval blockade for at least three to four months before facing more serious economic strain, according to multiple US officials cited by The Washington Post....
https://knews.kathimerini.com.cy/en/business/cyprus-economy-still-growing-but-cracks-may-be-starting-to-show
Cyprus’ economy continues to show steady growth, underlining its flexibility and resilience in the face of external shocks such as the ongoing Russia-Ukraine war and recent conflicts in the Middle East....
https://knews.kathimerini.com.cy/en/news/hormuz-shuts-again-as-iran-cites-us-‘piracy
The Strait of Hormuz has once again become the focal point of a rapidly escalating confrontation, with Iran declaring the passage effectively closed following what it describes as continued acts of “piracy” by the United States. ...
https://knews.kathimerini.com.cy/en/news/ceasefire-declared-as-trump-claims-‘complete-victory-in-iran-war
A fragile pause in the Iran war has been declared after 40 days of escalating conflict, with former US president Donald Trump announcing a two-week ceasefire and calling it a “complete victory,” even as violence continues across the region....
https://knews.kathimerini.com.cy/en/business/middle-east-conflict-threatens-cyprus-tourism-ports-and-banks-says-dbrs
Cyprus’ sunny beaches, luxury resorts, and bustling ports could soon feel the ripple effects of turmoil in the Middle East. A new report from Canadian rating agency Morningstar DBRS warns that the island’s heavy dependence on tourism and shipping makes it particularly vulnerable to disruptions from the Gulf....
https://knews.kathimerini.com.cy/en/comment/opinion/half-of-cyprus-got-breached-because-nobody-owns-access
The Digital Security Authority recently reported that one in two people and businesses in Cyprus experienced a cyberattack last year. The statistic made headlines briefly, then disappeared from conversation....
https://knews.kathimerini.com.cy/en/comment/opinion/circumstance-waits-for-no-one
Cyprus is no stranger to crises or shocks, whether they come from external or internal forces. Its geopolitical position makes it especially vulnerable to instability, but it also places the country at the center of developments that directly shape its economic activity....
https://knews.kathimerini.com.cy/en/business/several-major-airlines-have-cut-flights-as-fuel-costs-soar
Major airlines around the world are canceling flights as the ongoing conflict in Iran drives oil prices to historic highs, forcing carriers to rethink operations and route schedules....
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/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/missile-strike-hits-greek-flagged-tanker-near-novorossiysk
A Greek-flagged oil tanker carrying 24 crew members, including 10 Greek sailors, was struck early Saturday near the Russian port of Novorossiysk in the Black Sea, according to Greece’s shipping authorities. Despite the incident, officials say all crew members are safe and unharmed....
https://knews.kathimerini.com.cy/en/news/cyprus-weighs-energy-measures-if-oil-prices-climb-above-$100
The situation in the Middle East is raising concerns, while Europe says it is preparing for a longer period of instability that could include disruptions in shipping, higher energy prices, and inflationary pressures. These remarks were made Monday in Brussels by Eurogroup President Kyriakos Pierrakakis in the presence of Kathimerini, noting that energy remains at the center of attention....
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/news/if-cyprus-needs-us-we-will-be-there-says-germany
Germany has assured Cyprus that it will stand ready to help if needed, as regional tensions in the Middle East ripple into the Eastern Mediterranean....
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/iran-crisis-triggers-10-growing-concerns-for-the-eu
The consequences of the joint U.S.–Israel attack on Iran are causing growing concern among the EU’s 27 member states, as sources tell Kathimerini that the European External Action Service’s Crisis Response and Information Centre believes Tehran is pursuing a strategy aimed at “creating chaos,” carrying out indiscriminate strikes across several countries in the region, with Cyprus among those affected....
https://knews.kathimerini.com.cy/en/news/cyprus-hosts-macron–mitsotakis-summit-as-iran-war-continues
Cyprus hosted a high-stakes trilateral summit Monday as French President Emmanuel Macron, Greek Prime Minister Kyriakos Mitsotakis and Cypriot President Nikos Christodoulides met to discuss the widening war involving Iran and its growing impact on the Eastern Mediterranean and Europe....
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/panic-buying-hits-supermarkets-as-middle-east-tensions-continue
Panic buying swept through Cyprus’ retail market at the start of the week, as anxious consumers rushed to supermarkets amid growing tensions in the Middle East and reports of attacks near the British bases at RAF Akrotiri....
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/comment/opinion/trump-s-proxy-war-moment
President Trump wants to replace Iran’s current regime with a system friendly to the United States, essentially meaning the abandonment of nuclear ambitions and an end to support for satellite regimes that advance Tehran’s theocratic agenda....
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/war-moves-closer-as-france-also-sends-anti-missile-systems-and-a-frigate-to-cyprus
Cyprus is stepping up security and hosting an increasing international military presence as the U.S.-Israeli conflict with Iran entered its fourth day Tuesday, raising fears of a wider regional war just a short distance from the island....
https://knews.kathimerini.com.cy/en/business/european-gas-prices-jump-nearly-50-as-qatar-halts-lng-production
European natural gas prices soared Monday, with benchmark rates jumping as much as 45%, after Qatar announced a halt to liquefied natural gas production at its giant North Field plant amid escalating conflict in the Middle East....
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/news/world-s-largest-aircraft-carrier-sails-into-mediterranean-amid-u-s-iran-tensions
The USS Gerald R. Ford, the world’s largest aircraft carrier, has entered the Mediterranean Sea, stoking anxiety as U.S. officials weigh potential military action against Iran, maritime tracking data shows....
