Italy weighs fuel-tax cuts as firms warn of energy price surge from Middle East war - Reuters
Italy weighs fuel-tax cuts as firms warn of energy price surge from Middle East war Reuters
Coverage by Political Leaning
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Notable Quotes
"I won't quit if Italians vote 'no' to justice referendum."
— Meloni , Politician
"Meloni is sitting on the fence over Iran."
— Conte , Politician
"Right now, there is much greater diversification of supply, and what we receive from the Persian Gulf accounts for between 10% and 20%, so the impact is smaller than it was then."
— Albert Campabadal , Executive
"On behalf of the Miami Dolphins I expressed our thanks for his many contributions both on the field as well as in the community during his six years in Miami."
— Jon-Eric Sullivan , Executive
"The activation has been under review for several days by the economy ministry."
— Giorgia Meloni , Politician
"I won't quit if Italians vote 'no' to justice referendum."
— Giorgia Meloni , Politician
"Meloni is sitting on the fence over Iran."
— Luigi Di Maio , Politician
"Equality only when women not expected to show male behaviour."
— Sergio Mattarella , Politician
"The activation has been under review for several days by the economy ministry."
— Giorgia Meloni , Politician
"The government is working to mitigate the consequences of the conflict as much as possible for citizens and our nation, with task forces activated to monitor the price trends of energy, gasoline, and food products and to combat speculation."
— Giorgia Meloni , Politician
"There's too much speculation; nothing direct has happened yet."
— Antonio Tajani , Politician
Key People
Adolfo Urso is the Italian Business Minister.
President of the Catalan gas station association, Agrucaes.
Foreign Minister of Italy who criticized the IPC's decision.
Conte is a prominent Italian politician and leader of the M5S party.
Giancarlo Giorgetti is the Italian Minister of Economy.
Giorgia Meloni is the Premier of Italy.
General manager of the Miami Dolphins.
Luigi Di Maio is an Italian politician and member of the Italian parliament.
Prime Minister of Italy.
President of Italy.
Former quarterback for the Miami Dolphins.
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<a href="https://news.google.com/rss/articles/CBMi4gFBVV95cUxNemx1X3J6SG5lX21GWlIzOGp0UkNKXzBIeElXR25EZUx0TUh4Y1NydTNkUm1Tdl81eWlKb05NQ05OMnVzSXExQnZfd3ZCOEF0b1RoN3JVYXpxMEN0Qi1xRVZaSHF6MnJFQnVJMkRKcGc3NnVzWTNEVzJmbEtBRkxMbnp0X3pyZWlhbmgyQnJyckQ4MlNNbzNZR1B3TXNrMjNYOFFuME9CRWY4amtJRFBqLThqWF9HOVhqMFpkYjdwZ3BrWUhHRXNIZ2MtczFHMDJDOEtfV3o0ZktRa0ZuN0Jaelpn?oc=5" target="_blank">Italy weighs fuel-tax cuts as firms warn of energy price surge from Middle East war</a> <font color="#6f6f6f">Reuters</font>
Italy is considering cutting fuel excise duties using higher-than-expected VAT revenues triggered by rising pump prices, as businesses warn of sharply rising energy costs due to the Middle East conflict.
The Italian Finance Police have intensified controls across the entire fuel distribution chain following recent price increases for energy products due to the Middle East conflict.
The 2026 US-Israeli military offensive in Iran has sparked fears of a prolonged conflict and its potential economic repercussions, including a significant energy shock due to disruptions in the Strait of Hormuz.
The Catalan gas station association warns that the war in the Middle East has led to significant fuel price increases, with diesel up 20% and gasoline up 16% in just four days.
Italian Prime Minister Giorgia Meloni announced plans to increase taxes on companies benefiting from rising gas prices caused by the Middle East crisis and supports freezing the EU's Carbon-Permit Scheme to soften energy bills.
Italy is considering cutting fuel excise duties using higher-than-expected VAT revenues triggered by rising pump prices, as businesses warn of potential energy cost increases due to the Middle East conflict.
The Italian Finance Police have strengthened controls across the entire fuel distribution chain, following recent price increases for energy products due to the Middle East conflict.
Italy is considering cutting fuel excise duties using higher-than-expected VAT revenues triggered by rising pump prices, as businesses warn of potential energy cost increases due to the Middle East conflict.
The Italian government is considering activating the 'mobile excise duty' mechanism to curb rising fuel prices, with Prime Minister Giorgia Meloni stating that the state will forgo increased VAT revenue to reduce costs.
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