Fuel Prices Surge Across Italy as Oil Hits $98 Amid Middle East Tensions
Oil prices soar to $98 as Middle East tensions threaten supply. Italian diesel hits €2/liter, pushing inflation to 3.2% and squeezing household budgets hard.
Tracking economy for Italy — coverage from the newsroom in Rome.
Oil prices soar to $98 as Middle East tensions threaten supply. Italian diesel hits €2/liter, pushing inflation to 3.2% and squeezing household budgets hard.
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European stock markets opened with minor losses today. FTSE 100 down 0.08%, DAX -0.04%, CAC 40 -0.1% as trading begins with cautious sentiment.
Milan's FTSE MIB index climbs 0.49% led by Unipol insurance and energy stocks. See which Italian companies are rallying today.
Milan's FTSE MIB gains 0.78% as energy stocks surge. Rising oil and gas prices signal higher utility bills ahead for Italian residents and households.