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News 2026-07-27 19:21 UTC

US Market Wrap 27/07/2026: Trump Says US Is Talking With Iran Right Now; Ready For "Strong Military Action" If Iran Talks Fail

Trump: I'm Ready For "Strong Military Action" If Iran Talks Fail - Trump Says US Is Talking With Iran Right Now - Iran-Oman Talks Focused On Restarting Hormuz Shipping Traffic - EU Commission Eyes Changes To Big Business Tax To Unlock Budget Deal - ECB's Kazimir: September Hike Likely Needed Even If Outlook Improves

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News 2026-07-27 17:04 UTC

Italy Cuts Diesel Tax and Seeks EU Fiscal Room for Energy Aid

Italy approved a temporary tax cut on diesel fuel through Aug. 6 as the government seeks to cushion the impact of surging energy prices following the widening of the conflict in the Middle East.

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US Market Wrap 27/07/2026: Trump Says US Is Talking With Iran Right Now; Ready For "Strong Military Action" If Iran Talks Fail

Italy Cuts Diesel Tax and Seeks EU Fiscal Room for Energy Aid