Higher oil prices since the Iran war began mean many oil companies have brought in excess profits. Some U.S. lawmakers want to tax those windfall profits and give the money to lower-income Americans.

US oil refiners are set for profit surges due to the Iran conflict. Crude oil reaching a new all-time high by December 31 at 11.5% YES.

Higher oil prices since the Iran war began mean many oil companies have brought in excess profits. Some U.S. lawmakers want to tax those windfall profits and give the money to…