AkshayOil companies' are making big windfall profits in the Hormuz crisis.
Now, finance ministers of Germany, Italy, Spain, Portugal and Austria propose to tax them, in a letter to the European Commission.
https://bsky.app/profile/carloscuerpo.bsky.social/post/3mintizdygs22
#Hormuz #FossilFuels #EU #UE #EUPol #Finance #Energy #Oil #IranWar
Carlos Cuerpo (@carloscuerpo.bsky.social)
Ministers Markus Marterbauer, Joaquim Miranda Sarmento, Lars Klingbeil, Giancarlo Giorgetti and I are asking European Commission to explore a temporary solidarity instrument for energy companies to contribute from war-driven windfall profits & ease the burden on consumers and taxpayers