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, FRI., OCT. 16, 2026No. 12 · Morning, 6:00 a.m. CEST6 a.m. CEST

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On Wednesday, October 14, Giorgia Meloni, in her statement to Parliament before the European Council, called Donald Trump’s choice on Russian diesel, that is, the deal reached with Vladimir Putin, “very risky,” and reiterated her full support for Kyiv (Tgcom24, ANSA, la Repubblica, Corriere della Sera). Moscow replied that the deal is “not the business” of the prime minister (ANSA, Tgcom24). On Thursday, October 15, the White House replied that the diesel deal is “a great deal,” also answering la Repubblica (ANSA, Tgcom24, la Repubblica). The Kremlin called the European countries’ position “destructive” (ANSA) and said that Russia has resumed diesel exports (Reuters). Zelensky told the Financial Times, as reported on Thursday, that Ukraine will resume striking Russian refineries; according to the same newspaper the United States proposed unblocking part of the frozen Russian assets, an idea that was reportedly rejected by the European countries (Reuters, ANSA, Tgcom24, RaiNews). The European Council opened on Thursday in Brussels with the Twenty-Seven divided over energy and the budget (Tgcom24, ANSA, Il Sole 24 ORE).

The diesel deal puts Italy and Kyiv’s other allies before a choice: follow Washington or defend the pressure on Moscow. The price of petrol and diesel also depends on how much diesel reaches the market, and the EU budget decides agricultural and regional funds. That is why the Brussels summit touches bills, fuel and security.

For those filling up the tank or paying bills nothing changes overnight: the International Energy Agency is speeding up the release of stocks, but prices also depend on the war with Iran and on local blockages in distribution. For those following politics, the criticism of Trump comes from a prime minister often presented as close to Washington; la Repubblica headlined about the “game of the two chairs.”

The prime minister judges the deal “very risky” and claims full support for Kyiv (Meloni, in Parliament, Tgcom24, ANSA).

Washington defends the agreement as “a great deal”; Moscow judges the European position “destructive” (ANSA, Tgcom24).

Three facts are confirmed: the Italian criticism, the American reply and the resumption of Ukrainian raids on the refineries. The terms of the deal are not verified, nor is the idea on the frozen Russian assets, which comes from a single source. To watch: the conclusions of Friday’s summit on energy and the budget, and whether the American proposal on the frozen assets returns to the table.

Tgcom24 · ANSA · la Repubblica · Corriere della Sera · Il Sole 24 ORE · RaiNews · Il Fatto Quotidiano · Reuters · Financial Times (via Reuters) · October 14–15, 2026

Politics · EuropePress ✓ 9 outlets · partisan statements; Russian assets: Financial Times report

Russian diesel, the White House replies to Meloni: “A great deal.” EU summit opens divided over energy and budget

After the prime minister’s criticism of the deal between Trump and Putin, Washington defends the agreement and the Kremlin attacks the European countries. Kyiv announces it will resume striking Russian refineries and, according to the Financial Times, the United States proposed unblocking part of the frozen Russian assets: the idea was reportedly rejected.

On Wednesday, October 14, Giorgia Meloni, in her statement to Parliament ahead of the European Council, called Donald Trump’s choice on Russian diesel, that is, the deal reached with Vladimir Putin, “very risky,” reiterating her full support for Kyiv (Tgcom24, ANSA, la Repubblica, Corriere della Sera). Moscow replied that the deal is “not the business” of the Italian prime minister (ANSA, Tgcom24). On Thursday, October 15, the White House replied, in an answer also given to la Repubblica, that the diesel deal is “a great deal” (ANSA, Tgcom24, la Repubblica). The Kremlin then called the European countries’ position on the deal “destructive” (ANSA) and said that Russia has resumed diesel exports after the agreement with Trump (Reuters).

As reported on Thursday, Volodymyr Zelensky told the Financial Times that Ukraine will resume attacks on Russian refineries (Reuters, ANSA, la Repubblica, Il Sole 24 ORE). According to la Repubblica the halt to the raids, after the truce announced by Trump, had held for three days, but only on the Ukrainian side; Reuters reports a fire at the Ryazan refinery after a drone attack, according to the regional governor. The Financial Times again, picked up by Reuters, ANSA and Tgcom24, writes that the United States proposed to some European countries to unblock part of the frozen Russian assets to relaunch negotiations; the idea was reportedly rejected (Tgcom24, RaiNews). CNN, cited by ANSA, says Ukraine has run out of missiles for the Patriot; ANSA also reports that London is sending more Storm Shadow missiles and that, according to Ukrainian media, Starlink is working again. Elon Musk said that it is “time” for Zelensky “to go” (ANSA, Il Fatto Quotidiano).

The European Council opened on Thursday in Brussels with the Twenty-Seven divided over the high cost of energy and over the budget for the coming years (Tgcom24, ANSA, Il Sole 24 ORE). Meloni asked for more flexibility (Tgcom24). Finland, Denmark and Sweden wrote that they do not want to weaken the ETS, the European market for emission permits (ANSA, Il Sole 24 ORE); German chancellor Friedrich Merz called for “sharp cuts” to the EU budget, judging Ireland’s proposal insufficient (ANSA). Italy gathered the Friends of Cohesion before the summit (ANSA), and foreign minister Antonio Tajani asked the EU to choose an envoy for peace in Ukraine soon (ANSA).

What is unclear: the terms of the US-Russia diesel deal are not known in detail and we do not know how much diesel will actually reach the market. The report on the Russian assets comes from a single source, the Financial Times. On prices, the International Energy Agency is speeding up the release of oil stocks, which will exceed 400 million barrels, with over 20 million barrels of diesel (Reuters), while TTF gas contracts in Amsterdam fell to around 86 euros per megawatt hour (ANSA). DailyDrop follows the second day of the summit today.

Open the story and DailyDrop’s take

By the numbers

3 daysthe pause in raids on the refineries lasted, but only on the Ukrainian side (la Repubblica)

Over 400 millionbarrels: the oil stocks the IEA will release in total, of which over 20 million of diesel (Reuters)

€86 per MWhthe price of gas in Amsterdam, down almost 1% (ANSA)

Between Wednesday and Thursday several provinces of Puglia and Calabria had service stations with no petrol or diesel, with night-time queues too in Catanzaro and the Cosenza area (ANSA, Tgcom24, Il Fatto Quotidiano, FoggiaToday). Il Fatto Quotidiano and Corriere della Sera attribute the shortage to the ex-Ilva dispute: for four days the workers of Taranto are said to be blocking the gates of the Eni refinery, and the tanker trucks are said to be unable to leave. Other reports point to the pickets by farmers and hauliers against the high cost of fuel, in particular at the A14 toll booths of Poggio Imperiale and Candela (Tgcom24, la Repubblica). Conftrasporto and Unatras speak of the risk of a national stoppage if the government does not respond (ANSA, Il Giorno). The Ministry of Infrastructure and Transport has summoned the haulage sector for October 27; the same day there is a new ex-Ilva meeting at Palazzo Chigi (ANSA, Tgcom24). Il Fatto Quotidiano reports a stoppage of heavy vehicles in Sicily from October 16 to 20, a figure from a single source.

Without fuel, deliveries, building sites and public and private transport come to a halt, and the South depends on the tanker trucks leaving the refineries. If the national stoppage were called, supermarket supplies would also be affected, already partly half-empty in some areas according to Corriere della Sera.

If you live or travel in Puglia, Calabria or Sicily, check before leaving the availability of fuel and the queues at the picketed toll booths. On pump prices, on Thursday self-service petrol averaged €2.035 per litre (ANSA).

Truckers and farmers say they feel abandoned by the institutions and cannot bear the cost of diesel (Il Fatto Quotidiano, ANSA).

The government says it is working to extend the price cap (Urso, ANSA); the opposition, with Amendola of the Pd, replies that the executive underestimates the protests in the South (ANSA).

Two things are certain: the dry pumps in several provinces and the summoning of the haulage sector for October 27. It is not certain how much the ex-Ilva weighs against the truckers’ protests, because the outlets give different explanations. To watch: whether the national stoppage is called before the 27th and whether supplies return to normal over the weekend.

ANSA · Tgcom24 · Il Fatto Quotidiano · Corriere della Sera · la Repubblica · Il Giorno · FoggiaToday · RaiNews · October 14–15, 2026

News · EconomyPress ✓ 8 outlets · the causes are disputed

Pumps run dry in Puglia and Calabria, truckers threaten a national stoppage. The government summons them on October 27

Between Wednesday and Thursday, service stations with no petrol or diesel appeared across wide areas of Puglia and Calabria, with queues even at night (ANSA, Tgcom24, Il Fatto Quotidiano, FoggiaToday). The outlets do not give the same explanation. Il Fatto Quotidiano and Corriere della Sera link the shortage to the ex-Ilva dispute: for four days workers have reportedly been picketing the gates of the Eni refinery in Taranto and the tanker trucks are said not to be leaving. Other reports (Tgcom24, la Repubblica) speak of pickets by farmers and hauliers against the high cost of fuel, including those at the A14 toll booths at Poggio Imperiale and Candela, in the Foggia area. Conftrasporto and Unatras warn that, without answers, a national stoppage of road haulage will begin (ANSA, Il Giorno), and ANSA reports that truckers are threatening to stop “from North to South.” On Thursday evening the Ministry of Infrastructure and Transport summoned the haulage sector for October 27 (ANSA), the same date as the new ex-Ilva meeting at Palazzo Chigi (ANSA, Tgcom24, Il Giorno). Il Fatto Quotidiano writes that in Sicily heavy vehicles will stay still from midnight on the 16th until October 20: we have not found a second source. On Thursday self-service petrol cost an average of €2.035 per litre (ANSA). Minister Urso had said on Wednesday that the government is working to extend the cap on fuel prices (ANSA, RaiNews).

Open

Word of the day

National stoppageTransport

A halt to truck activity across Italy, called by the road haulage associations in protest. It is not an employees’ strike: it is decided by the haulage companies.

Inside

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In the night between Wednesday, October 14 and Thursday, October 15 the government sent the European Commission and Parliament the Draft Budgetary Plan for 2027 (Il Fatto Quotidiano, Tgcom24, ANSA). The budget package is worth about 23.5 billion: 5 billion to households and social spending, 3.3 billion to businesses (Tgcom24). The funding comes from a contribution of about 5 billion from banks and insurers, from cuts to ministries and from measures on the gaming sector (ANSA, Tgcom24, la Repubblica). The credit institutions say the measure was not agreed and are waiting for the details (ANSA, RaiNews). The document puts the deficit at 3.4% and defers to the talks with Brussels on the defence and energy clause (ANSA). Il Fatto Quotidiano writes that defence would get almost double the resources of healthcare, but it is the only source.

The document sets the figures Italy presents to the EU before the budget law and says who pays: a contribution of 5 billion from the financial sector is a political choice that can change relations with the banks. The defence and energy clause decides how much room the government will have to spend without breaking European rules.

For households the text speaks of 5 billion between social spending and purchasing power, but in the sources we have read it is not yet clear who will receive it. For those with an account or a mortgage, the effect of the 5 billion contribution depends on the details the banks are still waiting for.

The government presents a budget package attentive to the public accounts, with resources for households and a contribution from the banks (ANSA, Tgcom24).

The opposition, with Francesco Boccia, speaks of Meloni’s failure and of impoverished wages (ANSA); La Stampa observes that the budget package is small given the European constraints and market fears.

The certain figure is the order of magnitude: 23.5 billion and about 5 billion asked of the financial sector. It remains to be clarified how the contribution will be built, how much will go to households and businesses and whether Brussels will accept the defence and energy clause. To watch: the Commission’s response and the text of the budget law.

Il Fatto Quotidiano · Tgcom24 · ANSA · la Repubblica · RaiNews · La Stampa · October 15, 2026

Economy · Public financesPress ✓ 5 outlets · details still to be confirmed

Budget package of 23.5 billion: five from banks and insurers, five to households. The banks: “Measure not agreed”

In the night between Wednesday and Thursday the government sent Brussels the Draft Budgetary Plan for 2027 (Il Fatto Quotidiano, Tgcom24, ANSA). The budget package is worth about 23.5 billion: 5 go to households and social spending, 3.3 to businesses (Tgcom24). The funding comes from a contribution of about 5 billion from the financial sector, from cuts to ministries and from measures on gaming (ANSA, Tgcom24, la Repubblica). The banks let it be known that the measure was not agreed and are waiting for the details (ANSA, RaiNews). The document puts the deficit at 3.4% and talks with the European Commission on the defence and energy clause remain open (ANSA). Il Fatto Quotidiano writes that defence would get almost double the resources of healthcare: a figure from a single source. For the opposition, Francesco Boccia, of the Pd, says that Giorgetti “presents the bill for Meloni’s failure” (ANSA); La Stampa observes that the budget package is small given the European constraints and market fears. On the idea of an Irpef cut to 33%, discussed on Wednesday, the sources we have read give no figures.

Open

On Thursday, October 15, the Ftse Mib closed at 49,397 points, down 0.72%, weighed down by tech stocks; Technoprobe lost over 10% (ANSA). Paris gained 0.78%, London 1.08% and Frankfurt 0.33% (ANSA). The Btp-Bund spread fell to 107 basis points, with the Italian ten-year at 4.48% (ANSA). Gas in Amsterdam fell by almost 1%, to around 86 euros per megawatt hour (ANSA). Reuters and Bloomberg link the fall in tech stocks to tensions over the debt of CoreWeave, an artificial intelligence computing company; Il Sole 24 ORE reports that TSMC posted revenues of $46.7 billion and profits up almost 70%, and Milano Finanza that the stock fell anyway. In Asia the Nikkei index in Tokyo lost over 4% according to ANSA and 5% according to Il Sole 24 ORE. Federal Reserve official Daly told Reuters that further rate hikes are probably necessary, but not urgently. For the United States, Reuters writes that producer prices recorded the biggest rise in four and a half years and that retail sales beat expectations.

When artificial intelligence stocks fall, they weigh on stock markets around half the world, and Milan has chip and component companies on display. American prices that are still high make it more likely that the Federal Reserve keeps rates high, and high rates cost more to mortgages and public debt.

The spread at 107 points says how much Italian debt costs today compared with German debt, and it has narrowed by a point since Wednesday (ANSA). For those who hold tech funds, the volatility of these days is a reminder: a single close does not say where the market will go.

Those looking at the bright side note that the other European stock markets closed higher and that TSMC’s results remain very strong (ANSA, Il Sole 24 ORE).

The pessimists recall the debts tied to artificial intelligence and the selling of chips, with Reuters speaking of almost $2 trillion in value at risk during the session.

The certain figure is the Milan close: 49,397 points, -0.72%. Thursday’s Wall Street close is not confirmed by two sources; it had not yet happened at the time of writing. To watch: the reaction of the stock markets to American prices, CoreWeave’s debt and Friday’s opening of Piazza Affari.

ANSA · Il Sole 24 ORE · Milano Finanza · Reuters · Bloomberg · Quotidiano Nazionale · October 15, 2026

Economy · MarketsPress ✓ 6 outlets · Milan close of Thursday, October 15; Wall Street not yet closed

Piazza Affari gives up 0.72% on tech stocks, Technoprobe loses over 10%. Other European stock markets close higher

On Thursday, October 15, the Ftse Mib closed at 49,397 points, down 0.72%, held back by tech stocks: Technoprobe lost over 10% and in the morning Stm and Prysmian had also slipped (ANSA). Paris closed at +0.78%, London at +1.08%, Frankfurt at +0.33% (ANSA). The Btp-Bund spread fell to 107 points, with the yield on the Italian ten-year at 4.48% (ANSA). The common thread is artificial intelligence: Reuters and Bloomberg speak of debts and fears around CoreWeave, and according to Reuters US chip stocks were, during the session, about to wipe out roughly $2 trillion in value. Il Sole 24 ORE says that TSMC reported revenues of $46.7 billion and profits up almost 70%; Milano Finanza adds that the stock fell anyway. On rates, according to Reuters, Federal Reserve official Daly said that further hikes are probably necessary, but not urgently. Overnight the Nikkei index in Tokyo lost over 4% (ANSA), 5% for Il Sole 24 ORE. From America, according to Reuters, producer prices for September rose at the fastest pace in four and a half years and retail sales beat expectations. We do not have a Wall Street close confirmed by two sources.

Open

Pope Leo XIV was operated on Tuesday, October 13, at the Gemelli Polyclinic. On Thursday, October 15, the doctors said the X-ray shows a good recovery of the operated lung and that respiratory physiotherapy has begun (ANSA, Quotidiano Nazionale, AGI); according to AP the post-operative tests are normal. According to la Repubblica the Pope has resumed work, and according to AGI and RaiNews he concelebrated Mass. In the evening Cardinal Pietro Parolin said he is worried but trusts the doctors, and that on Sunday, if he is better, Leo could lead the Angelus from the Gemelli (ANSA, Il Fatto Quotidiano, Quotidiano Nazionale). He added that, if necessary, the Pope “will recalibrate the pontificate.” On the trip to South America RaiNews speaks of a postponement and Tgcom24 of a decision expected soon.

The Pope’s health conditions the Church’s agenda and the diplomatic work of the Holy See. Parolin’s phrase says that the agenda could change, and that the Holy See is communicating with more transparency than usual on the course of treatment.

For the faithful the first date to watch is Sunday, October 18: the Angelus is not confirmed and will depend on his condition. For those with a trip or an event tied to the Pope planned, it is best to follow the official notices of the Holy See.

Those who see encouraging signs recall the bulletins on the good recovery of the lung and the return to work (AP, AGI, la Repubblica).

Those who urge caution recall that the examination of the lymph nodes is not yet in and that Parolin said he was worried (ANSA).

The short-term clinical picture is reassuring, but the decisive datum is not yet in: the result on the lymph nodes, expected at the end of the month. In the sources we have read the formula “will recalibrate the pontificate” is not an announcement of resignation, and it is best not to read it as one. To watch: Sunday’s Angelus, the medical bulletin and the decision on the trip to South America.

ANSA · Quotidiano Nazionale · AGI · AP · la Repubblica · Il Fatto Quotidiano · RaiNews · Tgcom24 · October 15, 2026

News · VaticanPress ✓ 8 outlets · result of the lymph node test not yet known

Leo XIV, “good recovery of the operated lung.” Parolin: perhaps the Angelus from the Gemelli on Sunday, “if necessary he will recalibrate the pontificate”

On Thursday, October 15, doctors at the Gemelli Polyclinic said the X-ray shows a good recovery of the lung operated on Tuesday and that respiratory physiotherapy has begun (ANSA, Quotidiano Nazionale, AGI). According to la Repubblica Leo XIV has resumed work and, according to AGI and RaiNews, concelebrated Mass in the hospital. AP reports that the post-operative tests are normal. In the evening the Secretary of State, Cardinal Pietro Parolin, said he is worried but trusts the doctors, and that if the Pope is better on Sunday he could lead the Angelus from the Gemelli (ANSA, Il Fatto Quotidiano, Quotidiano Nazionale).

Parolin added that, if necessary, the Pope “will recalibrate the pontificate” (ANSA, Il Fatto Quotidiano); the outlets reporting the phrase do not speak of resignation. On the trip to South America the sources do not agree: RaiNews speaks of a postponement, Tgcom24 of a decision expected soon. The examination of the lymph nodes, which will say whether further treatment is needed, takes about two weeks from the operation, as the surgeon Luca Voltolini, who is not treating the Pope, explained to la Repubblica. Donald Trump had sent his wishes for a quick recovery. What we do not know: the date of discharge from hospital and the treatment schedule.

Open the story and DailyDrop’s take

In brief

Trump: the firing-squad execution of the Fort Hood killer will not be broadcast live, after criticism that was also bipartisanAP · Reuters · ANSA
White House, controversy over new spokeswoman Katie Zacharia’s status as a lawyerReuters · ANSA · la Repubblica · Tgcom24
Mattarella warns Parliament: too many national days, already 51ANSA · Tgcom24 · la Repubblica · RaiNews
Rottamazione-quinquies: from Friday, October 16, applications for vehicle taxes, fines and leviesANSA · Tgcom24 · Il Sole 24 ORE
Turin, school occupations: a 17-year-old arrested for damage, 27 identifiedANSA · Tgcom24 · La Stampa
Milan, three workers barred from working over violence against elderly women in an RsaANSA · Tgcom24
Rome, life sentence upheld for the man who killed three womenANSA · Tgcom24 · Quotidiano Nazionale
Milan, a 21-year-old German student reports a sexual assault in the streetANSA · AGI · Tgcom24 · la Repubblica

Seven minutes every morning, one front page

Unverified — what we could not confirm

“The pumps are dry because there is already a national truckers’ strike.” Not borne out. The national stoppage is a threat from Conftrasporto and Unatras (ANSA, Il Giorno); the reports speak of local pickets and of the ex-Ilva dispute, while the stoppage in Sicily from October 16 to 20 is reported only by Il Fatto Quotidiano.

“The United States has already unblocked the frozen Russian assets.” No. The Financial Times writes that Washington proposed to European countries to unblock part of them and that the idea was reportedly rejected (Tgcom24, ANSA, RaiNews). No act of unblocking has been announced.

“Trump will use the ‘mother of all bombs’ against Iran.” Not confirmed. CNN, picked up by Reuters and ANSA, writes that the US military is weighing the use of that weapon in possible future attacks; no decision has been announced.

What to watch today

Today, Fri 10/16Second day of the European Council in Brussels (ANSA) · national students’ strike and marches, with the Udu tents from Montecitorio to piazza del Popolo (Il Fatto Quotidiano, ANSA) · applications for the rottamazione-quinquies open from today (ANSA, Tgcom24) · the truckers’ pickets in Puglia and Calabria and the stoppage in Sicily announced from midnight, according to Il Fatto Quotidiano · 24-hour strike by PosteAirCargo pilots (ANSA) · October 16, anniversary of the 1943 roundup of the Jews of the Rome Ghetto: the Jewish Community has asked that Anpi not take part in the commemorations (Tgcom24, la Repubblica) · the evening results of the Europa League, including Celta Vigo-Juventus, and the opening of the stock markets after US producer prices and the fall in chips.This week (10/16–10/18)Sunday 18: the Pope’s Angelus from the Gemelli, if his condition allows (Parolin, ANSA) · on Sunday the televised debate between Lula and Flávio Bolsonaro in Brazil (ANSA).LaterOctober 22: Salvini presents the standard tender for beach concessions to the State-Regions Conference (ANSA) · October 27: Transport Ministry talks with the hauliers and new ex-Ilva meeting at Palazzo Chigi (ANSA) · end of the month: the result of the examination of the Pope’s lymph nodes (la Repubblica).For readersIf you have to travel in Puglia, Calabria or Sicily, check fuel availability and the queues at the picketed toll booths before leaving. If you have tax notices and fines to settle, applications for the rottamazione-quinquies open from today: read the conditions on the official channels of the collection agency before signing up.

Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.

INSIDERussian diesel, the White House replies to Meloni: “A great deal.” EU summit opens divided over energy and budgetPolitics · EuropePumps run dry in Puglia and Calabria, truckers threaten a national stoppage. The government summons them on October 27News · EconomyBudget package of 23.5 billion: five from banks and insurers, five to households. The banks: “Measure not agreed”Economy · Public financesPiazza Affari gives up 0.72% on tech stocks, Technoprobe loses over 10%. Other European stock markets close higherEconomy · MarketsLeo XIV, “good recovery of the operated lung.” Parolin: perhaps the Angelus from the Gemelli on Sunday, “if necessary he will recalibrate the pontificate”News · Vatican