Italian Prime Minister Giorgia Meloni plans to fast-track a new law decree to address surging energy prices linked to Middle East conflict, according to Italian media including La Stampa. The emergency measure aims to provide immediate relief to consumers and businesses grappling with price volatility.

Energy prices have spiked dramatically since regional tensions escalated, straining household budgets and industrial operations across Italy. The proposed decree would likely include mechanisms to cap wholesale prices and provide direct subsidies to the most affected sectors.

The government's swift action reflects mounting pressure to shield the Italian economy from geopolitical shocks. Previous energy price interventions have proven politically popular, and Meloni appears determined to demonstrate leadership during this crisis. Implementation details remain unclear, but the decree could be signed within days.