in-cyprus17 Jun 2026

Fuel prices fall in Cyprus after sharp drop in global oil markets

A significant decline in retail fuel prices has been recorded in Cyprus over the past 15 days, reflecting a broader drop in international oil prices linked to easing geopolitical tensions in the Middle East.

Global crude oil prices have been on a downward trend, which is gradually being passed through to domestic fuel prices at the pump. Brent crude is now stabilising at around the $80 per barrel level, having fallen by about 25% over the past month....

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