Italy Fast-Tracks Oil and Gas Projects Under Energy Security Push
🛢️ ROME — Italy accelerating domestic production exactly as both export corridors go dark. 📌 LOOK CLOSER: With Hormuz at seven transits, the E/W pipeline down, and Bab el-Mandeb encircled, Rome's move isn't symbolic — it's structural. Italy is among Europe's most exposed economies to Gulf supply disruption. Fast-tracking approvals compresses the permitting timeline but not the production one; new output is years away. The real signal: Meloni is politically decoupling Italian energy policy from EU collective frameworks.