Italy’s Government is holding emergency talks tonight to introduce legislation to hold down fuel prices, potentially introducing fines for speculators, Italy correspondent Jo McKenna says. 

She told Mike Hosking the Government is concerned with gas up and diesel prices up around two euros a litre. 

“I don't think it's translated fully yet into the economy, but we will see some trickle down or some impact in the next couple of months for sure.” 

Italy’s Prime Minister Giorgia Meloni had aligned herself with other European nations, endorsing a statement from Canada, the UK, France, and Germany saying they were gravely concerned about US President Donald Trump’s activities in the Middle East and calling for peace talks. 

The far-right Meloni was initially pro-Trump, but one newspaper was now calling their relationship “The Big Freeze”, McKenna said. 

“She’s very prudent. She's worried about this impact on the war on her popularity here in Italy.” 

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