Increase in Gasoline Prices in Cyprus Due to International Conditions
May 8, 2026
Consumers in Cyprus are facing rising gasoline prices, with the average price reaching €1.56 per liter. Despite this increase, diesel and heating oil prices remain stable. International oil prices have fallen, with Brent dropping below $100 per barrel due to diplomatic developments. However, fuel prices are still significantly higher compared to before the outbreak of hostilities. Despite the current situation, Cyprus remains one of the more affordable countries in the EU regarding fuel prices.