PERSPECTA

News from every angle

Back to headlines

Cyprus Fuel Tax Cut Negated by Rising Prices

A fuel excise duty cut of 8.33 cents per litre in Cyprus takes effect, but continuous price rises, attributed to fighting between the US, Israel, and Iran, are expected to largely negate the reduction.

3 Apr, 07:02 — 3 Apr, 13:15
PostShare

The Story

Analyzing sources…

Source Diversity

Source Diversity

High (51/100)
4 sources30/33
Spectrum spread2/5 buckets covered8/33
Far L
Left3
Left (3)
RapplercnbcBusiness Insider
Center1
Center (1)
in-cyprus
Right
Far R
Geographic diversity3 regions13/34
US2Philippines1Cyprus1

Sources

Showing 4 of 4 sources
cnbcMostly Factual1h ago

The cost to fly private is up as much as 20% with fuel prices soaring

Deep-pocketed travelers are less likely to get priced out as airfares rise, but they have to navigate unexpected fees related to the Iran war and rising fuel costs.

Read full article →
Business InsiderMostly Factual4h ago

United Airlines is the second US airline to hike bag fees as fuel prices climb

United Airlines' bag drop kiosk at Chicago's O'Hare International Airport. Taylor Glascock/Bloomberg via Getty Images United Airlines is raising bag fees by $10. It will cost $45 to check a first bag if you pay at least 24 hours before departure, per its website. JetBlue raised fees earlier this week, too, as jet fuel costs surge. United Airlines has become the second US carrier to raise bag fees since the Iran war sent jet fuel prices soaring. For flights booked from Friday, it will cost $...

Read full article →
in-cyprus7h ago

Fuel tax cut to be swallowed by continuous price rises

A cut of 8.33 cents per litre in Cyprus’s fuel excise duty takes effect on Saturday — but with petrol up 27.4 cents and diesel up 47.7 cents per litre since the outbreak of fighting between the US, Israel and Iran, the reduction will do little more than partially offset recent increases. Parliament approved the […]

By Eleftheria Paizanou

Read full article →
RapplerMostly Factual1h ago

Why is fuel more expensive in the Philippines?

Oil firms can adjust pump prices based on the current world market rate even if their inventory was purchased weeks prior at a lower price

By Tatiana Maligro

Read full article →