Italy's government cuts fuel taxes by 0.

Italy's government cuts fuel taxes by 0.25 euros per liter to combat soaring energy costs triggered by Middle East conflict. Prime Minister Giorgia Meloni's cabinet approved the temporary measure worth hundreds of millions of euros as an emergency response to global price spikes. The government is simultaneously capping diesel prices at 1.90 euros per liter and pressuring oil companies to limit pump prices. Deputy Prime Minister Matteo Salvini indicated potential taxation of excess energy company profits if voluntary cooperation fails. Current diesel averages 2.10 euros per liter while gasoline sits at 1.87 euros. Italy joins other governments implementing emergency measures to shield consumers from sudden energy price shocks while monitoring supply chains for speculative behavior.