Cyprus energy costs could rise 20 per cent in full-scale regional crisis

A global energy crisis triggered by the war in Iran appears increasingly likely in the short term, although a prolonged and catastrophic disruption remains less probable due to market resilience and existing reserves, according to Andreas Poullikkas.

Poullikkas, a professor of energy systems at Frederick University and former chairman of the Cyprus Energy Regulatory Authority, examined how the conflict could reshape global energy markets and what it could mean for Europe and Cyprus.

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