Tag: Oil prices

Iran seizes two vessels in Strait of Hormuz

International April 23, 2026 at 09:31

Strait of Hormuz tensions escalated after Iran announced it had seized two ships attempting to pass through the vital shipping route. The tensions have...

Fuel prices in Cyprus below EU average

Economy April 10, 2026 at 14:41

Cyprus ranks below EU average Fuel prices Cyprus remain below the European Union average for both petrol and diesel, according to the European Commission’s Weekly...

Strait of Hormuz reopening eases tension but economic risks linger

Economy April 9, 2026 at 13:34

Temporary relief for shipping and oil markets Iran has agreed to reopen the Strait of Hormuz for two weeks, the first clear reopening since the...

Oil prices rise above $110 amid Middle East tensions

Economy April 6, 2026 at 10:28

WTI and Brent climb in US trading Oil prices moved higher on Sunday evening (local time) in early US trading, with both major crude varieties...

Strait of Hormuz: UK leads international push to reopen route

International April 2, 2026 at 11:51

Summit chaired by Yvette Cooper British Foreign Secretary Yvette Cooper will chair a virtual meeting of more than 30 foreign ministers on Thursday to coordinate...

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