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Oil Price Surge Sparks Fresh Energy Concerns in Cyprus as Global Markets Reel

Famagusta Gazette 09 March 2026, 18:45
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Oil Price Surge Sparks Fresh Energy Concerns in Cyprus as Global Markets Reel
Cyprus is entering a new period of energy uncertainty as sharp increases in global oil and fuel prices revive memories of the 2022 market shock triggered by Russia’s invasion of Ukraine. Benchmark U.S. crude posted its steepest rise since records began in 1983, climbing to $90.90 a barrel. Analysts warn the surge may not be […]