Cyprus energy dependence exposed amid Middle East tensions

Cyprus remains one of the most energy-dependent countries in the European Union, as authorities monitor rising geopolitical risks linked to the Middle East.

According to a Eurostat report released on Wednesday, Cyprus recorded an energy import dependency rate of 88 per cent in 2024, placing it among the highest in the EU alongside Malta and Luxembourg.

This means that the vast majority of the island’s energy needs are covered by imports, underlining its exposure to external shocks in global energy markets.