Green MEPs urge EU to tax oil super profits amid Iran war, citing Ukraine precedent

Green MEPs in the European Parliament are pushing for an EU-wide windfall tax on oil companies' super profits, drawing a parallel to the bloc's earlier levy on energy firms during the Ukraine crisis. The proposal faces resistance from the European Commission, which has not yet endorsed the measure. The outcome is uncertain, but the initiative signals growing political pressure to address war-driven energy costs and could influence EU fiscal policy.