Six countries in the European Union are intensifying calls for a bloc-wide windfall tax on oil companies for consumer relief, citing soaring profits.

Six EU nations are urging a bloc-wide windfall tax on oil companies. Profits have surged due to the ongoing Middle East war and rising costs. Ministers want this levy discussed…

Six European Countries are stepping up calls for a bloc-wide windfall tax on oil companies as profits soar due to the Middle East war, according to a letter seen by AFP.