Hormuz disruption could hit Cyprus beyond fuel prices, economist warns

Cyprus will not introduce precautionary measures in response to the Middle East conflict for now, Finance Minister Makis Keravnos said on Thursday, while Energy Minister Michalis Damianos signalled his ministry stood ready to intervene if unjustified fuel price increases or shortages emerged. Keravnos, speaking on ANT1’s “Mera Mesimeri” programme, said Cyprus had already introduced anti-profiteering […]

By Ernestos Mousas