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Italy cuts diesel excise duty by 17 cents per litre
The Italian government announced a temporary reduction of the diesel excise tax by €0.17 per litre, effective until 6 August 2026. Economy Minister Giancarlo Giorgetti said the cut will cost roughly €125 million and is intended to ease the surge in fuel prices that has pushed diesel to about €2.18 per litre and gasoline to €1.98 per litre.
The measure is part of a broader “bridge” package discussed at a cabinet meeting on 27 July 2026, which also looks at a mobile excise mechanism funded by extra VAT on fuel and, if needed, a possible increase in tobacco taxes. The government is preparing a second decree, expected in early August, to extend the relief and to finance additional fuel‑price measures such as a €300 million diesel credit scheme for transport firms.
These steps come as fuel‑price pressure strains public opinion and prompts the prime minister’s cabinet to seek urgent solutions while monitoring international oil market volatility.
Entities
Accise mobili · Angelo Bonelli · Antonio Tajani · Giancarlo Giorgetti · Giorgia Meloni · Italian Government · Italian road‑freight sector · Italy · Lazio regional council · MIMI (Ministero delle Imprese e del Made in Italy) · Macerata Province · Milan
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] Regional parties, such as the PD in Lazio, are urging immediate relief measures for families and businesses affected by fuel price hikes.
- [● 2 SOURCES] MP Angelo Bonelli called for taxing oil companies’ extra profits instead of a mobile excise.
- [● 3 SOURCES] Fuel price spikes are linked to geopolitical tensions in the Middle East, especially the Strait of Hormuz. www.ragusaoggi.it · www.varesenews.it · www.cronachemaceratesi.it
- [● 6 SOURCES] The Italian government is evaluating a “mobile excise” reform to adjust fuel taxes. www.studiamo.it · www.varesenews.it · www.economymagazine.it
- [● 6 SOURCES] Gasoline prices in Italy reached about €2 per litre in late July 2026. www.studiamo.it · www.tviweb.it · www.varesenews.it · milano.notizie.it
- [○ 1 SOURCE] Italian drivers are traveling to San Marino to save up to €10 per fuel fill‑up. www.hdmotori.it
- [● 2 SOURCES] Diesel prices in the Milan area exceeded €2.6 per litre at self‑service stations. www.varesenews.it
- [● 2 SOURCES] The Italian government is seeking €140 million in funds for diesel fuel tax relief.
- [● 2 SOURCES] Nvidia reported annual profit of €117 billion in the fourth quarter.
- [● 2 SOURCES] The first fuel discounts will be applied only to diesel fuel.
- [● 2 SOURCES] Luca Dell’Acqua of ARERA said gas prices will remain high but the regulator will intervene on electricity bills.
- [● 2 SOURCES] The credit covers up to 70 % of extra diesel costs incurred between 1 March and 30 June 2026. www.uominietrasporti.it