EU finance ministers push for windfall profit tax on energy firms as Iran war drives fuel prices higher
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Source: Daily News
Published: 2026-04-06 05:40 UTC+10:00
Section: World
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Transport, Middle East, Europe, Military & Defence, Iran, Energy, Financial Markets, Labour & Workers, Tax & Budget, World News, Business & Economy, War & Conflict
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Snippet:
Five finance ministers from the European Union have called for a tax on windfall profits of energy companies as fuel prices surge due to the ongoing war between the US, Israel and Iran, according to a joint letter sent to the European Commission and seen by Reuters on Saturday.
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