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Oil giants cash in on the US-Iran conflict. Can an EU-wide tax on oil profits ease the energy crisis?

Since the US-Iran conflict began on February 28, Europeans have faced higher energy bills. The added costs have gone straight into large oil companies’ pockets. Greenpeace estimates that oil companies earned €36 billion more from EU diesel and petrol sales than before the war, based on the difference between crude oil and net fuel prices. ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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