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Six EU states seek an exceptional tax on oil companies’ windfall profits

GermanyItaly
First seen: Aug 22, 2026, 11:16 PM UTCUpdated: Aug 22, 2026, 11:16 PM UTC

Six European Union governments, led by Germany, are calling for a common tax on exceptionally high profits by oil companies.

The proposal could affect energy-company finances and fuel-policy coordination across the EU.

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