Kuwait energy firm Q8 will introduce a price cap on Italian petrol pump prices for one month starting from October 1, it said on Tuesday, following similar commitments by Italy's EniENI.MI and ...
Oil giants rush to help Italy's Meloni curb energy costs with fuel price caps
AA Astro Awani 
Key takeaways
Italian energy companies Eni, SOCAR, and Q8 have introduced price caps on fuel at Italian petrol stations, aiming to benefit motorists and potentially avoid a windfall tax on energy company profits.
- Eni, SOCAR, and Q8 have capped diesel prices at €2.19 per litre and petrol at €1.99 per litre.
- The price caps are intended to benefit motorists and deter the Italian government from imposing a windfall tax on energy company profits.
- The Italian government is considering a domestic windfall tax on energy companies.
- The price caps have had little impact on lowering average fuel prices so far.
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- Astro Awani Oil giants rush to help Italy's Meloni curb energy costs with fuel price caps (this story)
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