Cyprus Business Now: Cyta, CBC chief, ERB, ports, fuel sales, deposits, RIF, CSE
Cyta, the state-owned telecommunications provider, has received parliamentary approval to enter the energy sector, marking a strategic diversification beyond its traditional services. This move positions Cyta to become a new player in Cyprus's evolving energy market, potentially leveraging its existing infrastructure and customer reach.
Cyprus Mail · March 28, 2026
The Cushion Is Gone and the Oil Market Is Now Exposed
The article discusses the global oil market's response to recent supply disruptions, noting that initial buffers that absorbed the shock are now depleted. This suggests increased volatility and potential for significant price swings in the near future.
OilPrice · March 27, 2026