Economy

Cyprus to implement fuel tax reduction from April 4

Government delays start to allow adjustment The Cypriot government will introduce a temporary fuel tax reduction on April 4, instead of the initially planned April...

Greenpeace accuses oil companies of profiteering from war

Daily windfalls amid rising fuel prices A recent Greenpeace report highlights that European oil companies have been generating “superprofits” exceeding €80 million per day since...

Brent crude oil tops $105 after US President’s speech

The price of Brent crude oil, the international reference for crude oil, surged past $105 per barrel early this morning, marking a significant rebound....

Fuel tax cut takes effect today – cheaper meat from Monday

Parliament to decide on fuel tax reduction The fuel tax cut measure in Cyprus is expected to be approved today, as the Plenary of the...

Oil prices rise after alleged Iranian attack in Dubai

Tanker incident sparks market reaction Oil prices surged in early trading hours following an alleged attack by Iran on a Kuwaiti-flagged tanker docked in Dubai,...