{
  "id": 15503955,
  "title": "EU Weighs Windfall Tax on Energy Profits",
  "url": "https://urgent.news/2026/10/18/eu-weighs-windfall-tax-on-energy-profits",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-18T21:25:57.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/eu-windfall-tax-energy-companies-explained-2026/"
  },
  "original_language": "en",
  "account": "Six EU governments seek a study of a new tax on oil and gas profits at the Brussels summit on 9 October 2026. The focus of any levy would likely be more important to US and Latin American exporters than the headline. On 9 October 2026, finance ministers asked the European Commission to explore taxing windfall profits from oil and gas companies. This is based on a 2022 precedent, the players pushing for a new levy and its potential impact on suppliers in the United States and Latin America.",
  "summary": "Six EU governments want Brussels to study a new windfall tax on oil and gas profits, reviving a 2022 levy that collected about US$29 billion. The post EU Weighs Windfall Tax on Energy Profits appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}