Valanginian is a deeply investigated time interval due to the climatic, environmental and oceanographic changes that characterised it, globally recorded in sedimentary successions.During the Valanginian, an oscillation between warm and cold climatic phases is generally accepted as causing change in sedimentation, especially along the carbonate platform successions. In this context the so-called “Weissert event” occurred.The analysed stratigraphic interval consists of a Valanginian–Hauterivian package of two black metallic crusts (hardgrounds) and condensed pelagites, interbedded in the Lower Cretaceous carbonate shallow-water succession outcropping in the Palermo Mountains (NW Sicily). Integrating facies, structural, mineralogical and geochemical analysis, including analysis of δ13C and δ18O isotope records, the interaction between synsedimentary tectonics and climatic changes, as causing palaeoenvironmental and palaeoceanographic changes in the Lower Cretaceous Panormide carbonate platform, has been envisaged.A regional extensional tectonic event in the Southern Tethyan margin was detected at the Berriasian/Valanginian boundary, as responsible for the tectonic fragmentation of the Mesozoic Panormide carbonate platform in various fault-blocks. Locally, tectonic subsidence caused drowning of some of the fault-blocks. Before the recovery of the benthic carbonate factory in the Barremian, condensed pelagites and mineralised (Fe–Mn) crusts developed during the alternation of warm and cold climatic pulses.The positive–negative excursions of the Valanginian–Hauterivian δ13C pattern of the Colombrina section provide solid evidence for the chronostratigraphic assignment of the study interval to the drowning of many carbonate platforms that preludes the onset of the “Weissert event”. In detail, the drastic negative shift of δ13C in the late early Valanginian mineralised crust reveals massive release of isotopically light carbon to the atmosphere/hydrosphere reservoirs from a possible excess of volcanogenic CO2 or methane release from clathrate dissociation. Combining sedimentological data with the increase of the δ18O isotope records, two cold climate pulses are envisaged. The first one is assigned to the Berriasian/Valanginian boundary and led to the formation of the lower mineralised crust. The second and more evident positive shift of δ18O is assigned to the earliest late Valanginian, during the sedimentation of the laminated pelagites deposited immediately after the upper mineralisation event. These cold events that are comparable with the coeval cooling pulses recorded at a global scale highlight icehouse interludes during the Lower Cretaceous greenhouse mode.