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Meloni Signals Stability With Gulf Trip and Fuel Tax Cut Extension

The steps signal a bid for stability during rising Gulf supply risks.

Overview

  • Her cabinet, which met Friday, extended the €0.25-per-liter cut on petrol and diesel through May 1 using about €500 million in funding.
  • She filled the Tourism post by naming Gianmarco Mazzi, who was sworn in at the Quirinale after the brief cabinet meeting.
  • Meloni then began a tightly secured visit to Saudi Arabia, the United Arab Emirates and Qatar to seek oil supplies and keep Italian projects such as Eni’s on track, with a planned Kuwait stop canceled for security risks.
  • In a Tg1 interview, she ruled out resignations or a cabinet reshuffle and voiced full trust in Interior Minister Matteo Piantedosi after days of media pressure.
  • Officials are weighing budget trade-offs, including possible shifts in defense spending, if the Gulf crisis keeps straining energy costs and growth.