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Tajani said the political priority is now economic stability, while Salvini insisted the government will run through the end of the legislature and urged the EU to pause the Green Deal and stability rules.
European markets fell mid-morning as investors fretted over a possible escalation in the Middle East. Brent jumped above $106, bond yields rose, and the OECD cut Italy's growth outlook while warning of wider risks.
Boris Pistorius warned the conflict involving Iran is already taking a heavy toll on world economies, called for a ceasefire, and said Germany will not be drawn into military engagement.
A flare-up in the Strait of Hormuz has pushed oil prices up fast. United expects $175 a barrel and is trimming flights. Airlines are rethinking schedules, and travelers might notice fewer off-peak options and higher costs.
The conflict in Iran has choked traffic through the Strait of Hormuz and sent global fuel prices higher. Energy-dependent countries in Asia are already seeing shortages, rationing and tougher living costs, while the UK faces rising bills and tight gas reserves.
A war in the Middle East has pushed oil prices up, supply chains are strained, and voters are asking whether the White House has a steady economic plan.
A weakening labor market and surging energy prices are creating a high-stakes economic drama, with analysts warning of 'ugly' trends and potential stagflation risks.
Qatar's energy minister warns that continued war with Iran could halt Gulf energy exports within weeks, triggering global economic turmoil and supply shortages.