ITALY PERSPECTIVE

ANSA published three successive dispatches covering the announcement, Araghchi's arrival, and Trump's cancellation. Its first dispatch reproduced Iran's position: Araghchi had conveyed Tehran's 'exhaustive' response to Pakistani Army Chief Munir during talks in Islamabad. ANSA noted Tehran had said 'no new round of talks is yet planned' — a cautious formulation leaving the door open. For Italy, whose economy is sensitive to natural gas prices and whose port of Genoa depends on Suez and Hormuz freight flows, each diplomatic impasse carries a concrete economic risk. The absence of Italian government comment is notable — Rome chooses not to take public positions on crises in which it is not a direct party.