The Italian government has approved a decree to curb fuel price hikes due to tensions in the Middle East. Prime Minister Giorgia Meloni announced that the measure will bring an immediate reduction of around 25 cents per liter, in response to price hikes caused by international tensions and the war in Iran.
The decree also includes support measures for the most affected sectors, such as road transport and fishing, through tax credits. In parallel, the government has decided to strengthen market controls to prevent speculation, also providing for sanctions for operators who abuse prices.
According to the authorities, the intervention is temporary and will remain in force for 20 days, while developments in international energy markets are awaited, particularly regarding the situation in the Persian Gulf and its potential impact on global oil supplies.
Transport Minister Matteo Salvini described the measure as an important aid, stressing that the aim is to reduce the price of fuel below 1.90 euros per liter. He added that the government has collaborated with the main companies in the sector to cope with the price increase.
On the other hand, the opposition has criticized the decree, describing it as a temporary measure with an electoral background. The Secretary of the Democratic Party, Elly Schlein, stated that the intervention does not address the problem in the long term and recalled previous promises to completely abolish the excise tax.
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