Tag: oil market

Diesel prices spike 17% amid Strait of Hormuz tensions

Global fuel prices have surged, with diesel reaching a two-year peak, as rising tensions in the Strait of Hormuz threaten oil exports from the...

Libya signs ExxonMobil agreement after Greece-Chevron move

The energy chessboard of the Eastern Mediterranean has seen a new strategic move, with Libya announcing a cooperation memorandum with American oil giant ExxonMobil....

Shell-BP takeover rumours rattle global energy markets

Reports of a potential Shell takeover of BP caused brief turmoil on global markets this week, before both companies moved to deny the speculation. On...

Minister: No justification for higher fuel prices in Cyprus

There is currently no justification for raising fuel prices in Cyprus, even amid ongoing geopolitical turbulence, Energy Minister Giorgos Papastasiou said on Tuesday. Speaking...

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Kostas Fytiris: Mafia style intimidation has no place in our state

Justice and Public Order Minister Kostas Fytiris sought to...

How the Middle East crisis reshapes Cyprus security

New realities are emerging following the crisis triggered by...

Europe on high alert over fears of inflation shock

European leaders will meet in Brussels next Thursday and...

Man arrested after setting car on fire and assaulting police officer in Nicosia

Members of the Cyprus Police went to a residence...
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