Govt brings in new cut in diesel duties of 4.9 cents per litre

The Italian government announced a new diesel duty cut of 4.9 cents per litre to alleviate rising fuel prices due to the Iran war. This follows previous reductions totaling 17 cents per litre since March. The new cut is effective until November 7 and aims to support affected sectors like agriculture and transportation, which have protested against high fuel costs. Additionally, Eni has set a price cap on diesel and petrol at its stations, which will remain until year-end, with other companies also adopting similar measures.