#fuel price

The government will extend reduced fuel excise duties until September 17 at an estimated cost of €15.5 million after agreeing to prolong the measure beyond its original August deadline. As announced by ...

Drivers will continue to benefit from reduced fuel excise duties after the House unanimously approved a two-month extension of the measure on Thursday. The House passed the amendment with 38 votes ...

Fuel prices in Cyprus for cars and other vehicles rose by 20.5 per cent between May 2025 and May 2026, according to Eurostat data released on Monday. Fuel prices generally decreased throughout the ...

The preliminary agreement between the United States and Iran is expected to lead to further reductions in fuel prices, the energy ministry said on Monday. “There was a de-escalation in ...

Fuel prices in Cyprus are “not at a bad level” and current increases do not appear to be driven by profiteering, Energy Minister Michalis Damianos said on Monday, while officials ...

Cyprus is “in a less favourable position” than other countries inside the European Union regarding the security of its oil supply, Transport Minister Alexis Vafeades said on Monday. He did ...

Fuel prices may drop slightly, possibly as early as Wednesday or Thursday, Consumer Protection Service director Constantinos Karayiorgis said on Wednesday. Karayiorgis pointed out that this was a complicated sector ...

Fuel prices could keep rising for months even after the Strait of Hormuz reopens, the U.S. Energy Information Administration said on Tuesday, deviating from President Donald Trump’s assurances ...

Energy Minister Michalis Damianos said on Tuesday that stricter measures including a potential price cap could be imposed if profiteering is identified in the fuel market. Speaking on Sigma TV, ...

A portion of the government’s fuel subsidy introduced last week was not passed on to consumers, but instead “unjustifiably absorbed” by petrol stations, the Cyprus Consumers Association said on ...

Five European Union countries are calling for a windfall tax on energy companies’ profits in reaction to rising fuel prices due to the Iran war, according to a letter from ...

Cuts to value added tax (VAT) on fuel would not comply with European Union law, the European Commission said on Wednesday, as governments across Europe attempt to combat spiking fuel ...

European Union governments should prepare for a “prolonged disruption” to energy markets as a result of the Iran war, the bloc’s energy chief has told countries’ ministers ahead of ...

Australian Prime Minister Anthony Albanese said on Monday the government would halve the excise on fuel and diesel and remove the heavy road user charge for three months to help ...

Consumer fuel prices jumped by the largest amount seen in the last three years during business hours on Thursday, consumers’ association chairman Marios Drousiotis said, with the impact of the ...

Consumers should brace for fuel price fluctuations, with the overall trend going up, the head of the petrol stations association said on Tuesday. As long as the war in the ...

Cyprus is facing further fuel price increases in the coming weeks, though supplies remain sufficient for around 90 days, petrol station association president, Savvas Prokopiou, said on Friday. “Naturally, there will ...

Slovakia’s government on Wednesday approved a resolution allowing service stations to set higher diesel prices for cars with foreign plates as it clamps down on “fuel tourism” amid a ...

The Cyprus consumers association urged the government on Monday to reinstate fuel subsidies, warning that prices have risen sharply since the beginning of March and may continue to climb. Between ...

For the moment, Cyprus does not face a problem in relation to its fuel stocks amid the Persian Gulf energy crunch, the Cyprus Mail has learned. “Right now we are ...

Greece will impose a cap on profit margins on fuel and products on supermarket shelves for three months to fight speculation from rising energy prices as a result of the ...

Australia’s Qantas Airways and Air New Zealand said on Tuesday they are hiking fares due to the Middle East conflict, underscoring how global airlines are struggling to cope with ...

Emirati airlines resumed some flights to key global cities from the United Arab Emirates on Friday, but tensions remained high after a government-chartered Air France repatriation flight was forced to ...

Fuel prices in Cyprus are expected to see a sharp, but temporary, rise due to the conflict between Israel and Iran in the Middle East, Energy Minister George Papanastasiou said ...