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EU finance ministers to discuss EU-wide energy windfall tax

Finance ministers will discuss Friday whether to impose an EU-wide windfall tax on energy firms benefiting from higher oil and gas prices after the Strait of Hormuz closure; additional talks are expected in October.

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European Union finance ministers will discuss on Friday whether to impose an EU-wide windfall tax on energy companies that have benefited from a surge in oil and gas prices after the closure of the Strait of Hormuz, with further talks expected in October. The debate was triggered in la…