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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.

Patricia Cohen
Author: Patricia Cohen

Written by

Patricia Cohen

in

BP Plc, Europe, European Union, Exxon Mobil Corp, Iran, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Russian Invasion of Ukraine (2022), Taxation, TotalEnergies SE, Trump, Donald J, US and Israeli Attack on Iran (2026), Zucman, Gabriel
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