Italy weighs fuel-tax cuts as firms warn of energy price surge from Middle East war - Reuters

<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>&nbsp;&nbsp;<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.