https://knews.kathimerini.com.cy/en/business/trump-tweet-sparks-$580-million-oil-frenzy
Some traders made a staggering $580 million worth of oil bets just 15 minutes before President Donald Trump posted about “productive” talks with Iran, according to the Financial Times. ...
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/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/business/government-prepares-energy-relief-measures-as-crisis-reaches-households
The energy crisis triggered by the war in the Middle East has now reached the doorstep of every Cypriot household. Like other European governments, Cyprus is one step away from rolling out measures aimed at tackling soaring energy costs and the wider cost-of-living squeeze....
https://knews.kathimerini.com.cy/en/news/no-clear-leader-as-polls-shake-up-cyprus-election-race
Political parties are increasingly moving to the rhythm of opinion polls, both public and private, as Cyprus heads into the final two months before voters go to the ballot box....
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/business-as-usual-for-easter-travel
Cypriots will be packing their bags this Easter season as well, even in wartime conditions, carrying a small dose of uncertainty and insecurity. This year’s Easter, which falls on April 12, finds Cypriot travelers facing a different international environment...
https://knews.kathimerini.com.cy/en/business/war-sends-euribor-climbing-and-hits-loan-holders
The war in the Middle East has clearly increased uncertainty and is putting pressure on inflation, leading to higher costs for loans in Cyprus that are tied to Euribor. More specifically, Euribor has increased by 20 basis points since the start of the war just over 20 days ago. ...
https://knews.kathimerini.com.cy/en/news/keep-calm-and-eat-pork-cyprus-food-market-adjusts-to-foot-and-mouth-fears
The market has not come to a halt, but there is clear anxiety, with some shoppers worried about both the availability and the price of milk and lamb ahead of the holiday period. ...
https://knews.kathimerini.com.cy/en/business/meat-prices-surge-up-to-28-in-cyprus
Sharp price increases, reaching as high as 28%, have been recorded for lamb, goat, and beef in Cyprus, according to new data from the Consumer Protection Service. ...
https://knews.kathimerini.com.cy/en/news/fuel-prices-set-to-rise-again-as-war-driven-costs-mount
Another jump in fuel prices appears inevitable for Cyprus, the head of the island’s gas station association warned Thursday, as global tensions continue to push energy costs higher....
https://knews.kathimerini.com.cy/en/news/cyprus-urged-to-prepare-for-economic-fallout-from-iran-tensions
Cyprus may soon start feeling the economic fallout from rising tensions involving Iran, with the country’s Fiscal Council warning that global developments could translate into higher prices and fresh pressure on households and businesses at home....
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/business/cypriot-banks-see-profits-tumble-in-2025
Cypriot banks saw their profits shrink in 2025 compared with the previous year, largely due to a smaller contribution from net interest income....
https://knews.kathimerini.com.cy/en/business/halloumi-exports-tested-as-foot-and-mouth-disease-spreads
The continued spread of foot-and-mouth disease has raised serious concern across Cyprus’s agri-food sector and business community, particularly regarding halloumi, the country’s most important agricultural export....
https://knews.kathimerini.com.cy/en/news/oil-prices-bounce-back-in-asia-amid-middle-east-tensions
Oil prices rebounded in early Asian trading Tuesday, reversing some of yesterday’s losses as ongoing Middle East tensions and supply concerns outweighed the impact of strategic reserve releases....
https://knews.kathimerini.com.cy/en/comment/opinion/anti-establishment-sideshows-in-a-time-of-war
Since the morning of Saturday, February 28, when the most ruthless and unscrupulous prime minister in Israel’s history decided, together with the most unhinged president in the history of the United States, to push the button on a deranged conflict in our neighborhood, Cyprus too has been placed on alert as a neighboring country....
https://knews.kathimerini.com.cy/en/business/return-to-single-buyer-electricity-market-proposed-for-cyprus
A debate has emerged over the structure of Cyprus’s electricity market after Odysseas Michaelides suggested that electricity prices could fall if the country returned to a centralized purchasing system dominated by the Electricity Authority of Cyprus (AHK)....
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/strong-year-for-aegean-as-profits-climb-to-€147-8-million
AEGEAN announces its operating and financial results for fiscal year 2025, confirming its consistent growth path....
https://knews.kathimerini.com.cy/en/comment/opinion/politics-blog-$200-oil-camels-and-political-drama
Iran warns us to brace for $200-a-barrel oil. ''Let those who pay in dollars worry,'' a friend said, with as much understanding of the global economy as Fidias himself. Joking aside, we should be the ones stressing. ...
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/if-you-know-you-know-lidl-cyprus-new-360°-campaign-highlights-non-negotiable-quality-through-its-consumers-eyes
What does real food quality mean today? For Lidl Cyprus, the answer lies in the knowledge, trust and confidence that consumers feel every time they choose products for their dinner table. ...
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/foot-and-mouth-battle-intensifies-threatening-farms-and-food-prices
The fight against foot-and-mouth disease continues to escalate in the Larnaca district, with the situation taking increasingly worrying proportions in recent weeks. ...
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....
