Tag: fuel prices

Car ownership in Europe seen as luxury, survey finds

Cyprus June 30, 2026 at 13:39

Car ownership in Europe is increasingly being viewed as a luxury rather than a necessity, according to a new survey, as rising costs continue...

Cost of living has created the super rich and a poor middle class

Cyprus June 26, 2026 at 09:39

Fuel tax extension offers temporary relief Lower fuel prices and the extension of the reduced fuel excise duty are expected to provide temporary relief for...

Oil prices return to pre-Iran war levels

International June 25, 2026 at 16:50

Crude prices fall as shipping resumes The price of oil has fallen to levels not seen since before the Iran war as traffic through the...

Fuel tax reduction extended for another two months

Cyprus June 24, 2026 at 14:02

The Cyprus Cabinet has decided to continue the tax reduction on motor fuel for another two months, extending the measure from 1 July until...

Global oil prices drop – when will Cyprus see the effects?

Cyprus June 22, 2026 at 13:56

The oil prices outlook in Cyprus is turning more positive for consumers, following a sharp weekly decline in international crude markets linked to easing...

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