The Italian government thanked energy group Eni on Tuesday for introducing a price cap on gasoline and diesel, calling the move a commendable act of concern for the country.
What happened
Eni announced a ceiling on retail fuel prices effective immediately. The company said the cap would apply to all grades of gasoline and diesel sold at its stations nationwide.
Why it matters
Officials said the measure could help ease the burden of high fuel costs on consumers and businesses. Prime Minister Giorgia Meloni’s office described the cap as a “praiseworthy act of attention to Italy”.
Background
Fuel prices have risen sharply across Europe this year, driven by higher crude oil prices and supply constraints. Italy has seen some of the steepest increases, prompting public outcry and calls for government action.
What comes next
The government indicated that Palazzo Chigi will continue to work with Eni and other stakeholders to further calm fuel prices. No details on additional interventions were provided, but officials said the dialogue remains ongoing.