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....
https://knews.kathimerini.com.cy/en/business/trump-to-tax-foreign-made-ships-and-rebuild-u-s-maritime-power
The Trump administration on Tuesday rolled out a sweeping maritime plan aimed at reasserting U.S. dominance in shipping and reducing reliance on foreign-built vessels. ...
https://knews.kathimerini.com.cy/en/business/cyprus-enters-the-ai-big-league-with-nvidia-partnership
The Cypriot government is moving ahead at full speed with its strategic partnership with U.S. tech giant NVIDIA as part of a broader effort to upgrade the country’s national infrastructure through the installation of a supercomputer scheduled to go live in June 2026....
https://knews.kathimerini.com.cy/en/business/cyprus-becomes-india-s-gateway-to-europe-as-landmark-trade-deal-takes-effect
A fresh momentum is taking hold in Cyprus-India commercial relations, thanks to the free trade agreement recently finalized between the European Union and India. The deal promises lower tariffs on European products and smoother access to the vast Indian market....
https://knews.kathimerini.com.cy/en/news/was-this-the-plan-all-along-u-s-nato-land-on-minerals-and-defense-framework-for-greenland
After dialing back earlier threats to seize Greenland by force or impose tariffs, U.S. President Donald Trump is now pointing to a broader, long-term framework with NATO allies that would deepen American military, economic, and strategic involvement in the Arctic without changing Greenland’s sovereignty....
https://knews.kathimerini.com.cy/en/news/cyprus–india-event-highlights-the-role-of-artificial-intelligence-in-driving-innovation-and-growth
PwC Cyprus as part of the Cyprus–India AI Impact Pre-Summit, hosted the event “Driving Innovation and Growth”, on Wednesday 14 January, at the PwC Experience Center....
https://knews.kathimerini.com.cy/en/news/after-25-years-eu-moves-ahead-with-massive-south-america-trade-deal
After 25 years of tough, stop-and-go negotiations, EU countries on Friday moved closer to sealing a massive trade deal with South America, an agreement that could reshape markets for Cypriot farmers, food producers, and exporters....
https://knews.kathimerini.com.cy/en/business/cyprus-might-be-amazon-s-next-tech-playground
An Amazon team is heading to Cyprus next week to explore a pilot program for satellite internet, part of a wave of interest from some of the world’s biggest tech companies....
https://knews.kathimerini.com.cy/en/news/we-have-to-have-it-trump-says-of-greenland
President Donald Trump has reignited global backlash by appointing a special U.S. envoy with an explicit mission to bring Greenland under American control, a move that prompted the Arctic island’s prime minister to issue a swift and public rejection....
https://knews.kathimerini.com.cy/en/business/€1-088-minimum-wage-and-everyone-s-furious
After intense behind-the-scenes talks that stretched right up to the holidays, the government has locked in Cyprus’ new national minimum wage at €1,088 a month, a decision that settles one debate but opens several others....
https://knews.kathimerini.com.cy/en/comment/opinion/food-for-thought-the-public-sector-crisis-cyprus-can-no-longer-ignore
As the year draws to a close, it is time to take stock, and once we do, it is time to correct what has gone wrong....
https://knews.kathimerini.com.cy/en/news/cyprus-dragged-into-iran-uae-islands-dispute
Iran formally protested to Cyprus after Nicosia backed the United Arab Emirates in a long-running dispute over three strategically located islands in the Strait of Hormuz, summoning the Cypriot ambassador in Tehran to deliver what it called a strong warning....