Fuel Prices Continue to Decline in Cyprus
June 25, 2026
Fuel prices continue to decline due to falling oil prices. The price of Brent crude is now below $75 per barrel, leading to lower retail prices in Cyprus. The government decided to maintain the reduced excise tax until the end of summer. Current average prices are significantly lower than before the tax cut. These measures aim to support citizens and businesses amidst geopolitical developments.