Even Trump got angry over ‘rockets and feathers’

Whenever Cypriot MPs complain that petrol prices spike at the pumps before a rise in the international barrel price can even register, referring to the “rockets and feathers” phenomenon, many in Cyprus — especially government officials or ruling party insiders — dismiss it as exaggeration or baseless claims.

Yet this is a globally recognised pattern. And since it happens elsewhere, we shouldn’t be surprised to see it play out here frequently. Instead of denying the phenomenon, authorities...