Oil companies are making billions. In the U.S., calls to tax their windfall are growing
business
The Iran war has driven oil prices higher, and oil companies are cashing in with excess profits. Some U.S. lawmakers are proposing a windfall profits tax on those gains, directing the revenue to lower-income Americans, per NPR News.
Source: https://www.npr.org/2026/07/16/nx-s1-5845818/oil-prices-w...
Listen to this story
Hear this and more stories in a personalized audio briefing.
Open The Chonkerton