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While we wait to see how the conflict in Iran will unfold, commodities prices in Italy remain volatile. Facile.it, a website that evaluates, advertises, and brokers insurance, financial products, energy, gas, fiber optics, and long-term vehicle rental rates, has examined historical and projected rises in electricity and gas bills, insurance, mortgages, and gasoline. The hikes that Italian families would face as a result of the conflict could reach €950, taking into account only a few basic items such as bills, mortgages, auto insurance, and gasoline. Total power and gas bills might approach €2,700 per year, while motor fuel costs could jump to over €1,200, and the average Italian mortgage payment could exceed €660 per month. As a result, Italy risks paying an increasingly high price.
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