Turkey turns up the Cypriot heat
Cyprus hopes international pressure will stop Turkish drilling in the country's offshore
Turkey has deployed two drilling vessels in the waters around Cyprus, as the Ankara regime ups the ante in another game of high-stakes militant diplomacy. One ship, Fatih, is anchored just to the west of the island. Until recently a second, Yavuz, was close to the eastern coast of Cyprus. Now, Yavuz is set to drill in Block 7 in Cyprus’ economic exclusion zone (EEZ). In September, the Cyprus government granted a licence to a consortium of Total and Italy's Eni to explore for hydrocarbons in that block. The Turkish move confirms the declared determination of the Ankara government to press its interpretation of how the waters of the Eastern Mediterranean should be shared. Turkey asserts that i
Also in this section
28 April 2026
Oil traders warning of $200/bl oil are wrong, and the market should be wary of proclamations that the impact of the oil shortage has only begun to be felt and a that a ‘harsh adjustment’ is coming—even for industrialised nations
28 April 2026
Restoring supply from Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain and Iraq involves complexities far beyond simply adjusting operational controls
28 April 2026
Datacentres will guzzle power at a ferocious rate, but the impact on wider energy markets will be far more complex than previously thought
28 April 2026
The key energy player faces balancing regional routes, political complexities, and creating a clear strategic vision for energy security
