Calls for windfall taxes on oil companies revived amid high profits

Amid reports of huge profits by oil companies, calls for temporary windfall taxes have been revived, reminiscent of measures taken by European nations during the 2022 energy shock.

1 May, 04:00 — 1 May, 04:00

Post Share

Sources

Showing 1 of 1 sources

NYTMostly Factual13d ago

Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes

European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.

By Patricia Cohen

Read full article →

PERSPECTA

PERSPECTA

Calls for windfall taxes on oil companies revived amid high profits

Sources

Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes

Related Stories

Trump Considers Military Action Against Iran Amid Hormuz Blockade Discussions; UK Declines to Join

Philippine Police Dismiss 7 Officers Over Missing Pogo Raid Cash

Philippine Senate Shooting Incident Under Investigation

Philippine Senate Shooting Prompts Investigation and Condemnation

PERSPECTA