{
  "id": 2735010,
  "title": "Six EU countries push for windfall tax on oil companies amid surging war profits",
  "url": "https://urgent.news/2026/08/23/six-eu-countries-push-for-windfall-tax-on-oil-companies-amid-surging",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-23T06:10:57.000Z",
  "source": {
    "name": "Euronews",
    "slug": "euronews",
    "url": "http://www.euronews.com/my-europe/2026/08/23/six-eu-countries-push-for-windfall-tax-on-oil-companies-amid-surging-war-profits"
  },
  "original_language": "en",
  "account": null,
  "summary": "Six European countries are calling for a windfall tax on oil companies due to surging profits amid the Middle East war. According to Middle East Eye, the countries are Germany, Italy, Austria, Poland, Portugal, and Spain. They have sent a joint letter to Ireland's finance minister, who holds the current EU presidency, urging finance ministers to discuss the levy at their next meeting.\n\nThe letter, seen by AFP, states that oil companies are enjoying high profitability and margins on refined products, which exceed the rise in crude oil prices. The countries argue that the current situation is causing a significant supply shock and growing discontent about the rising cost of living.\n\nEuronews reports that the six EU countries want finance ministers to discuss the windfall tax at next month's meeting in Dublin.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Middle East Eye",
        "title": "Six EU countries urge windfall tax on energy firms as profits soar due to Iran war",
        "url": "https://urgent.news/2026/08/23/six-eu-countries-urge-windfall-tax-on-energy-firms-as-profits-soar",
        "published": "2026-08-23T04:36:41.000Z"
      }
    ]
  },
  "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."
}