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

What happened: Italy published a new cut in diesel duties of 4.9 cents per litre in the official gazette on Wednesday, part of government efforts to help households and businesses cope with fuel prices linked to the Iran war. Key numbers: 4.9 cents per litre cut, lasting until November 7. Why it matters: Farmers, fishers, taxi drivers and truckers have staged strikes and protests in Italy in recent weeks over high fuel prices. Eni imposed its price cap at the start of October, encouraged by the government, and several other companies followed suit.

Italy published a new cut in diesel duties of 4.9 cents per litre in the official gazette on Wednesday, part of government efforts to help households and businesses cope with fuel prices linked to the Iran war.

Farmers, fishers, taxi drivers and truckers have staged strikes and protests in Italy in recent weeks over high fuel prices. Eni imposed its price cap at the start of October, encouraged by the government, and several other companies followed suit.