European ministers call for profit caps on energy companies as Iran war drives price surge

Saturday, April 4, 2026Derek Gatopoulos The Associated PressView original
European ministers call for profit caps on energy companies as Iran war drives price surge
The finance ministers of Spain and four other European countries are urging the European Union to impose a bloc-wide windfall tax on energy companies, concerned that surging oil and gas prices driven by the war in Iran will fuel inflation…

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