Five EU nations demand a windfall tax on energy profits after the war in Iran and the blockade of the Strait of Hormuz caused fuel prices to spike.The ministers from Germany, Italy, Spain, Portugal, and Austria urged the EU to revive a 2022-style tax mechanism to ease the burden on consumers.While France requested an investigation into the refinery sector, German leaders like
Lars Klingbeil and
Friedrich Merz debated the proposal.