Poland Moves To Tax Fuel Windfalls Earned During Iran War
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Poland’s government has approved a one-off windfall tax on fuel companies that benefited from soaring energy prices during the U.S.-Iran-Israel war, seeking to recover part of the billions spent protecting consumers from higher fuel costs. The proposed levy would impose a 60% tax on excess profits generated between March and December 2026, during the closure of the Strait of Hormuz. The Polish Finance Ministry estimates the measure will raise around 4 billion zloty (~$1.1 billion). Under the proposal, excess profits would be calculated using…
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Original article published by OilPrice.com on June 17, 2026. Analysis and insights provided by AnalystMarkets AI.
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