Italian government extends tax cuts on diesel until September to curb inflationary effect of Iran wa

Описание: (27 Aug 2026)
RESTRICTION SUMMARY:

ASSOCIATED PRESS
Rome, Italy - 26 August 2026
1. Various of a gas station price panel showing fuel prices
2. Close of a gas station attendant filling a car with fuel
3. SOUNDBITE (Italian) Massimiliano Stefanelli, 62, Italian motorist:
“In my view, cutting excise duties is not an effective measure for tackling high fuel prices, and there are so many causes behind these price rises – ranging from simple speculation to global geopolitical issues – which makes it very difficult to manage a situation like this.”
4. Various of a gas station

ASSOCIATED PRESS
Rome, Italy - 27 August 2026
++AUDIO AS INCOMING++
5. SOUNDBITE (Italian) Gabriele Masini, editor-in-chief and oil market experts at Staffetta Quotidiana daily magazine:
"It is certainly more of a symbolic measure designed to calm some of the public concern over rising prices, rather than to have any real effect on inflation trends or the public’s perception of the cost of living. Petrol and diesel prices are also well above €2 (USD 2.33) per litre. So these are measures of very limited effectiveness, linked more to the specific circumstances of people returning from their holidays at the end of August.”

ASSOCIATED PRESS
Rome, Italy - 26 August 2026
6. Various of people filling fuel cans

ASSOCIATED PRESS
Rome, Italy - 27 August 2026
++AUDIO AS INCOMING++
7. SOUNDBITE (Italian) Gabriele Masini, editor-in-chief and oil market experts at Staffetta Quotidiana daily magazine:
"The effects on inflation have yet to become fully apparent. This is partly because, in addition to the issue of fuel prices, there is also the issue of gas and electricity prices, the effects of which are now being felt in the wholesale markets – on the electricity exchange and the gas exchange – but have not yet been fully passed on to the bills of households and businesses. Why? Because of a time lag in the mechanisms governing the formation of consumer prices for gas and electricity. So, in the autumn, we will certainly see a rise in the prices of both electricity and gas.”

ASSOCIATED PRESS
Rome, Italy - 26 August 2026
8. Various of gas station
9.⁠ ⁠SOUNDBITE (Italian) Roberto Giannetti, 52, Italian motorist:
"(I believe) We have indeed reached a price that is too high, and we absolutely must take more decisive action."
10. Various of gas station
11. Close of a gas station price panel
12. Close of car refuelled
STORYLINE:
The Italian government has extended tax cuts on diesel until September 5 in an effort to curb the inflationary impact of the war in Iran.

A cabinet meeting on Wednesday approved a 17-euro-cent reduction in diesel taxes, along with further tax cuts for truck drivers and farmers using tractors.

Drivers in Rome were skeptical about the measures, saying the reduction would have only a marginal impact as diesel prices remain consistently above 2 euros per litre.

"Massimiliano Stefanelli, 62, Italian motorist:
“Cutting excise duties is not an effective measure for tackling high fuel prices, and there are so many causes behind these price rises – ranging from simple speculation to global geopolitical issues – which makes it very difficult to manage a situation like this," said Italian motorist Massimiliano Stefanelli,

Gabriele Masini, editor-in-chief and oil market expert at daily magazine Staffetta Quotidiana, said the government measure would have only a partial effect on diesel prices. He warned Italian households could face further inflation affecting diesel, food and electricity prices this autumn.




AP video shot by Lorenzo Gironacci



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