Italy Extends Iran War Fuel-Tax Cut at Cost of €500 Million

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Bloomberg Markets 2 days ago • bloomberg.com

Italy Extends Iran War Fuel-Tax Cut at Cost of €500 Million

Prime Minister Giorgia Meloni’s government extended Italy’s fuel tax cut through May 1, committing about €500 million ($577 million) in added funds to blunt the impact of higher energy prices caused by the Iran war.

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