https://knews.kathimerini.com.cy/en/business/airlines-slash-millions-of-seats-as-fuel-fears-shake-global-travel
Airlines around the world are cutting flights, shrinking schedules, and scrambling to save fuel as growing concerns over global fuel supplies begin to hit the aviation industry.
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https://knews.kathimerini.com.cy/en/business/eu-increases-russian-lng-imports-despite-looming-energy-ban
The European Union has significantly increased its reliance on liquefied natural gas (LNG) from Russia in early 2026, despite its stated goal of phasing out all Russian gas imports within the next two years....
https://knews.kathimerini.com.cy/en/business/oil-prices-drop-but-drivers-aren-t-seeing-relief-at-the-pump
Even if tensions in the Persian Gulf begin to ease, a quick return to lower energy prices is unlikely. Reopening the Strait of Hormuz, a vital route for global oil and gas shipments, would certainly help restore supply. However, it is only one step in the recovery process....
https://knews.kathimerini.com.cy/en/news/trump-s-iran-deadline-nears-as-tensions-rise-without-breakthrough
As a deadline set by Donald Trump approaches, tensions between the United States and Iran remain high, with no clear sign of a diplomatic resolution despite weeks of escalating conflict....
https://knews.kathimerini.com.cy/en/news/over-11-000-illegal-fireworks-confiscated-so-far-in-2026
Authorities in Cyprus are continuing a nationwide effort to curb dangerous activities linked to Easter bonfires and firecrackers, with officials reporting thousands of confiscations already this year....
https://knews.kathimerini.com.cy/en/news/cat-goes-missing-during-airport-transfer
Bibi, a male cat blind in one eye, vanished during an international flight from Larnaca Airport with a stopover in Athens, sparking outrage among animal lovers and raising serious questions about how pets are handled in transit....
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/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/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/news/friday-forecast-sahara-s-weekend-road-trip-has-officially-begun
The horizon is looking a little crowded this morning as our neighbors in North Africa have officially sent a massive shipment of suspended dust our way. A low-pressure system hitching a ride from Egypt to turn our sky into a hazy, grit-filled mess feels like a bit of a cosmic prank....
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/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/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/ukraine-accuses-hungary-of-detaining-bank-staff-carrying-$82-million-in-cash-and-gold
Tensions between Ukraine and Hungary escalated Friday after Kyiv accused Hungarian authorities of detaining seven employees of a Ukrainian state bank who were transporting tens of millions of dollars in cash and gold through the country....
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/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/elon-musk-takes-ai-to-space-merges-xai-with-spacex
Elon Musk is combining two of his biggest private ventures in a move that could reshape the future of artificial intelligence and put it literally out of this world....
https://knews.kathimerini.com.cy/en/news/cocaine-disguised-as-board-games-snared-on-way-to-cyprus
Greek authorities have uncovered a cocaine shipment bound for Cyprus after intercepting two suspicious parcels at Athens International Airport....
https://knews.kathimerini.com.cy/en/news/first-us-lng-shipment-for-bulgaria-lands-in-greece-boosting-regional-energy-security
A first-ever shipment of American liquefied natural gas bound for Bulgaria has arrived in northeastern Greece, marking a milestone for energy supply in southeast Europe and underscoring Greece’s growing role as a regional energy hub....
https://knews.kathimerini.com.cy/en/news/24-hour-checks-rolled-out-along-green-line-over-foot-and-mouth-disease-fears
Cyprus is moving to round-the-clock controls at crossing points from the occupied areas, tightening biosecurity measures as authorities try to keep foot-and-mouth disease from spreading into government-controlled regions....
https://knews.kathimerini.com.cy/en/news/situation-deemed-dritical-as-foot-and-mouth-disease-detected-in-occupied-areas
Veterinary Services have moved to a heightened state of readiness after a confirmed case of foot-and-mouth disease was identified in the occupied areas of the island. ...
https://knews.kathimerini.com.cy/en/business/eu-to-impose-temporary-€3-customs-fee-on-small-imported-parcels
Starting 1 July 2026, small parcels entering the European Union will be subject to a flat customs fee of €3, a measure aimed at regulating the surge in low-value shipments from overseas e-commerce platforms. ...
https://knews.kathimerini.com.cy/en/news/from-no-alcohol-to-vip-only-saudi-loosens-rules-for-wealthy-expats
Saudi Arabia, a country that has banned alcohol for more than 70 years, is quietly letting a new group buy booze, not just diplomats, but wealthy foreigners who can afford an elite ''premium residency.''...
https://knews.kathimerini.com.cy/en/news/elderly-man-extradited-and-jailed-72-year-old-at-the-center-of-cocaine-network
A 72-year-old man was sentenced to 12 years in prison on Friday by the Permanent Criminal Court in Limassol, following his conviction for involvement in drug trafficking....
https://knews.kathimerini.com.cy/en/news/american-woman-gets-15-year-sentence-over-35-kilos-of-cannabis
A 35-year-old woman from the United States was sentenced Wednesday to 15 years in prison after admitting she tried to bring 35 kilograms of cannabis into Cyprus hidden in two suitcases....
https://knews.kathimerini.com.cy/en/news/authorities-seize-over-10-000-cartons-of-untaxed-cigarettes-in-two-larnaca-incidents
Larnaca law enforcement and customs officials intercepted two rental commercial vehicles carrying massive quantities of untaxed tobacco products in what may be linked smuggling cases. ...
