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EconomyOil giants profit from US-Iran conflict. Could an EU-wide tax ease the energy crisis?

A new report commissioned by Greenpeace Germany found that oil companies made an extra €36 billion in margins from the fallout of the US-Iran conflict between March 1 and October 19. Could Europe tax those profits to help curb rising energy bills?

oil companiesUS-Iran conflictwindfall taxenergy bills

Eeuronews★★★☆☆2026-11-05 08:00Original

Oil giants profit from US-Iran conflict. Could an EU-wide tax ease the energy crisis?
Economy