Italy lowers fuel taxes to help tackle surging prices
However, in recent weeks, Italy has signed new gas supply deals with multiple other countries, including Algeria, Egypt, the Republic of Congo, and Angola.
However, in recent weeks, Italy has signed new gas supply deals with multiple other countries, including Algeria, Egypt, the Republic of Congo, and Angola.
Congress leader and former union minister Ajay Maken said the real reason is not oil bonds but the reduction in subsidy by 12 times and an increase in taxes by three times.
The Left alliance explained when the Modi government came to power in 2014, the international market price of fuel was, $108 per barrel, yet the price in Kolkata was Rs 79.86. But, at present, when the price of fuel is $74.53 per barrel in the international market, the prices in Kolkata have crossed Rs 100 per litre.
