ROME, June 10 (Reuters) - Italy will spend almost EUR60 billion this year to import energy, up EUR8-9 billion from 2025, the national fuel producers association UNEM said on Wednesday. The estimate is based on the expectation that the Iran war will end in the next few months.
o "Last year we had an energy bill of EUR48.7 billion, more than 7 billion less than in 2024, but this year our estimate is that it could rise to around EUR57-58 billion," UNEM president Gianni Murano said at the annual meeting of the association.
o UNEM said Italy's bill for oil imports could reach around EUR24 billion in 2026, 4.5 billion more than last year, assuming average Brent oil prices of $90 per barrel in 2026.
o The closure of the Strait of Hormuz due to the Middle East crisis has sharply disrupted global oil flows, as roughly a fifth of the world's oil passed through the narrow waterway before the US-Israeli strikes on Iran on February 28.
o Oil prices were steady on Wednesday - with Brent futures at around $91 a barrel and U.S. West Texas Intermediate crude at about $88 at 1020 GMT - as renewed U.S.-Iran hostilities muddied direction, though a forecast U.S. stock draw offered support.
(Reporting by Cristina Carlevaro and Francesca Landini, editing by Gavin Jones)



















