5 Minute News

Support Measures for Fuel Crisis to be Announced Thursday

March 25, 2026

The government is preparing a support package to address the crisis caused by high fuel prices. President Nicos Christodoulides will announce the measures in a broadcast. The measures may include a reduction in fuel consumption tax and support for vulnerable groups. There are also considerations for businesses affected by the war in the Middle East. The situation is concerning, with oil prices expected to reach $250 per barrel if the fighting continues.