EUROPE SAYS
  • Continent
    • NL
    • BE
    • LU
    • CH
    • AT
    • DK
    • NO
    • SE
    • FI
    • IE
    • EE
    • LV
    • LT
    • HU
    • CZ
    • SK
    • SI
    • PT
    • RO
  • W
    • France
    • Germany
    • Belgium
    • Netherlands
    • Luxembourg
    • Switzerland
    • Austria
    • United Kingdom
    • Ireland
  • S
    • Italy
    • Vatican
    • Spain
    • Portugal
  • C
    • Poland
    • Czech Republic
    • Slovakia
    • Slovenia
    • Croatia
    • Hungary
  • N
    • Iceland
    • Norway
    • Sweden
    • Finland
    • Estonia
    • Latvia
    • Lithuania
    • Denmark
  • E
    • Russia
    • Belarus
    • Ukraine
    • Moldova
    • Romania
    • Bulgaria
    • Greece
    • Cyprus
    • Türkiye
  • FR
  • DE
  • IT
  • ES
  • PL
  • UK
  • US
  • Conflicts
    • NATO
    • Ukraine
    • Israel
    • Climate
    • Environment
    • Refugees
    • Asylum
    • Immigrant
    • Migrant
    • Immigration
  • World
    • AI
    • Data
    • Crypto
    • Space
    • Politics
    • Business
    • Economy
    • Energy
    • Nuclear
    • Crude Oil
    • Petroleum
    • Natural Gas
  • Iran
  • Africa
  • Afrique
  • AI
  • Andorra
  • Asylum
  • Australia
  • Austria
  • Belarus
  • Belgium
  • Bulgaria
  • Business
  • Canada
  • Climate
  • Conflicts
  • Continent
  • Croatia
  • Crude Oil
  • Crypto
  • Cyprus
  • Czech Republic
  • Data
  • Denmark
  • Economy
  • Energy
  • Environment
  • Estonia
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Iceland
  • Immigrant
  • Immigration
  • Ireland
  • Israel
  • Italy
  • Japan
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malta
  • Markets
  • Migrant
  • Moldova
  • Monaco
  • NATO
  • Natural Gas
  • Netherlands
  • New Zealand
  • News
  • Norway
  • Nuclear
  • Olympics
  • Petroleum
  • Poland
  • Politics
  • Portugal
  • Refugees
  • Romania
  • Royal Families
  • Russia
  • San Marino
  • Slovakia
  • Slovenia
  • South Korea
  • Space
  • Spain
  • Sweden
  • Switzerland
  • Türkiye
  • Ukraine
  • United Kingdom
  • United States
  • Vatican
  • World
EUROPE SAYS
  • Continent
    • NL
    • BE
    • LU
    • CH
    • AT
    • DK
    • NO
    • SE
    • FI
    • IE
    • EE
    • LV
    • LT
    • HU
    • CZ
    • SK
    • SI
    • PT
    • RO
  • W
    • France
    • Germany
    • Belgium
    • Netherlands
    • Luxembourg
    • Switzerland
    • Austria
    • United Kingdom
    • Ireland
  • S
    • Italy
    • Vatican
    • Spain
    • Portugal
  • C
    • Poland
    • Czech Republic
    • Slovakia
    • Slovenia
    • Croatia
    • Hungary
  • N
    • Iceland
    • Norway
    • Sweden
    • Finland
    • Estonia
    • Latvia
    • Lithuania
    • Denmark
  • E
    • Russia
    • Belarus
    • Ukraine
    • Moldova
    • Romania
    • Bulgaria
    • Greece
    • Cyprus
    • Türkiye
  • FR
  • DE
  • IT
  • ES
  • PL
  • UK
  • US
  • Conflicts
    • NATO
    • Ukraine
    • Israel
    • Climate
    • Environment
    • Refugees
    • Asylum
    • Immigrant
    • Migrant
    • Immigration
  • World
    • AI
    • Data
    • Crypto
    • Space
    • Politics
    • Business
    • Economy
    • Energy
    • Nuclear
    • Crude Oil
    • Petroleum
    • Natural Gas
  • Iran
  • Africa
  • Afrique
European ministers call for profit caps on energy companies as Iran war drives price surge | Latest News
EEconomy

European ministers call for profit caps on energy companies as Iran war drives price surge | Latest News

  • 2026-04-04

The finance ministers of Spain and four other European countries are urging the European Union to impose a bloc-wide windfall tax on energy companies, concerned that surging oil and gas prices driven by the war in Iran will fuel inflation and strain households.

Spanish Economy Minister Carlos Cuerpo said Saturday that his counterparts from Germany, Italy, Portugal and Austria had signed a letter to the European Commission citing “market distortions” caused by the price spike.

kAm“%96 4@?7=:4E 😕 E96 |:55=6 t2DE 92D 42FD65 @:= AC:46D E@ C:D6[ A=24:?8 2 D:8?:7:42?E 3FC56? @? E96 tFC@A62? 64@?@>J 2?5 @? tFC@A62? 4:E:K6?D[” E96 =6EE6C[ 52E65 uC:52J 2?5 >256 AF3=:4 3J rF6CA@ 😕 2? @?=:?6 A@DE[ D2:5]k^Am

kAm“xE 😀 :>A@CE2?E E@ 6?DFC6 E92E E9:D 3FC56? 😀 5:DEC:3FE65 72:C=J[” :E 25565]k^Am

kAmtFC@A6 😀 =2C86=J 56A6?56?E @? :>A@CE65 @:= 2?5 82D[ =62G:?8 :E GF=?6C23=6 E@ 6IE6C?2= D9@4@:= 😕 6?6C8J >2C<6ED 7@==@H:?8 k2 9C67lQ9EEADi^^2A?6HD]4@>^9F3^CFDD:2\F2?J tFC@A62? 4@F?EC:6D]k^Am

kAmpE E96 E:>6[ E96 t& :>A@D65 2 “D@=:52C:EJ 4@?EC:3FE:@?” E92E :?4=F565 42AD @? 6I46DD 6?6C8J AC@7:ED]k^Am

kAm“v:G6? E96 4FCC6?E >2C<6E 5:DE@CE:@?D 2?5 7:D42= 4@?DEC2:?ED[ E96 tFC@A62? r@>>:DD:@? D9@F=5 DH:7E=J 56G6=@A 2 D:>:=2C t&\H:56 4@?EC:3FE:@? :?DECF>6?E[” E96 =6EE6C D2:5] “xE H@F=5 2=D@ D6?5 2 4=62C >6DD286 E92E E9@D6 H9@ AC@7:E 7C@> E96 4@?D6BF6?46D @7 E96 H2C >FDE 5@ E96:C A2CE E@ 62D6 E96 3FC56? @? E96 86?6C2= AF3=:4]”k^Am

kAmsC:G6? =2C86=J 3J 9:896C @:= AC:46D[ E96 2??F2= :?7=2E:@? C2E6 😕 E96 a` 4@F?EC:6D E92E FD6 E96 6FC@ C@D6 E@ k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^6FC@K@?6\:?7=2E:@?\6FC@A62?\46?EC2=\32?<\e_abd3e233hd665af25b7b_ag_7g72f`Qma]dT 😕 |2C49k^2m[ 7C@> `]hT 😕 u63CF2CJ]k^Am

kAmxC2? 92D 3=@4<65 >@DE E2?<6C EC277:4 E9C@F89 E96 $EC2:E @7 w@C>FK — 2 49@<6A@:?E 7@C 23@FE a_T @7 8=@32= @:= 2?5 82D — 😕 2 >@G6 E92E E9C62E6?D E@ DEC6DD 7F6= >2C<6ED 7@C >@?E9D]k^Am

kAmtFC@A62? &?:@? t?6C8J r@>>:DD:@?6C s2? y@C86?D6? k2 9C67lQ9EEADi^^2A?6HD]4@>^2CE:4=6^6?6C8J\6F\@:=\82D\:C2?\DFAA=J\ed6da_4b_5hc6f3e`gc6eh5bf2f44_h2QmH2C?65 E9:D H6662?D 7F6= AC:46D 2C6 F?=:<6=J E@ “8@ 324< E@ ?@C>2= 😕 2 7@C6D6623=6 7FEFC6]”k^Am

Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

  • Tags:
  • afro-eurasia
  • anti-ukrainian sentiment
  • austria
  • business
  • Business cycle
  • business economics
  • business processes
  • Carlos Cuerpo
  • chemical energy sources
  • chemical process engineering
  • choke point
  • climate change policy
  • Commercial policy
  • Commodity markets
  • confederations
  • Conflicts
  • continental unions
  • corporate finance
  • currency unions
  • diplomacy
  • disasters
  • economic crises
  • economic development
  • Economic events
  • economic ideologies
  • economic integration
  • economic paleontology
  • economic policy
  • economic problems
  • economics
  • economics of primary sector industries
  • economies
  • Economy
  • economy and the environment
  • economy of asia
  • Economy of EU
  • economy of europe
  • Economy of European Union
  • economy of russia
  • economy of spain
  • Economy of the EU
  • Economy of the European Union
  • economy of the middle east
  • economy of the united states
  • economy-related organizations
  • Energy
  • energy economics
  • Energy industry
  • energy market
  • Energy Markets
  • energy policy
  • energy production
  • energy sources
  • Environmental Economics
  • Environmental Policy
  • environmental social science
  • EU economy
  • Eurasia
  • Euro
  • Europe
  • European Commission
  • european economic area
  • European integration
  • European Union
  • European Union citizenship
  • european union economic policy
  • european union member economies
  • Eurozone
  • federal republics
  • Finance
  • financial accounting
  • financial crises
  • financial law
  • financial markets
  • financial problems
  • fiscal policy
  • foreign policy
  • foreign relations of russia
  • foreign relations of ukraine
  • fossil fuel
  • fossil fuels
  • fuel
  • Fuels
  • gas
  • gasoline and diesel usage and pricing
  • geopolitics
  • germany
  • global civilization
  • global politics
  • global regions
  • globalization
  • Governance
  • Government
  • government finances
  • government institutions
  • government of russia
  • hydrocarbons
  • impacts of the russian invasion of ukraine
  • impacts of the russo-ukrainian war
  • imperialism
  • industries (economics)
  • Inflation
  • intergovernmental organizations
  • International Business
  • international business organizations
  • international economic organizations
  • international organizations
  • international political organizations
  • international relations
  • international trade
  • international trade organizations
  • invasions of ukraine
  • investment
  • Iran
  • italy
  • late modern europe
  • late modern period
  • Macroeconomic Policy
  • macroeconomic problems
  • macroeconomics
  • market (economics)
  • market distortion
  • market failure
  • marketing
  • Microeconomics
  • middle east
  • modern era
  • monetary economics
  • Monetary Policy
  • monetary policy of the european union
  • money
  • nation
  • natural environment
  • natural resources
  • non-renewable resources
  • northern hemisphere
  • oecd
  • oecd member economies
  • oil
  • oil and gas markets
  • oil tanker
  • oils
  • operations of central banks
  • Payments
  • Petroleum
  • petroleum economics
  • petroleum industry
  • petroleum politics
  • policies of the european union
  • policy
  • political economy
  • political ideologies
  • political organizations
  • political science
  • Politics
  • politics of asia
  • politics of the european union
  • portugal
  • power control
  • price
  • price of oil
  • pricing
  • primary industries
  • private sector
  • public administration
  • public economics
  • public finance
  • public law
  • public policy
  • public sector
  • public sphere
  • Recessions
  • republic
  • resource economics
  • resource extraction
  • Resources
  • Russia
  • russia–ukraine military relations
  • Russian invasion of Ukraine
  • russian irredentism
  • russian–ukrainian wars
  • Russo-Ukrainian War
  • russo-ukrainian war (2022–present)
  • scarcity
  • schools of economic thought
  • securities (finance)
  • social crises
  • Social issues
  • Social Policy
  • spain
  • Strait of Hormuz
  • Tax
  • taxation
  • trade
  • trade blocs
  • transfer (association football)
  • Ukraine
  • united nations general assembly observers
  • windfall tax
  • world economy
  • World Trade Organization
  • world trade organization member economies
EUROPE SAYS
www.europesays.com