European governments are discussing imposing a "bloc-wide windfall tax" on energy companies as record fuel prices pile pressure on leaders to contain mounting public discontent. Across the EU, gas prices are now up +24% year-over-year, while diesel is up +38%, and jet fuel is up over +100%. Europe's worst-ever energy crisis is getting worse.
European governments are discussing imposing a "bloc-wide windfall tax" on energy companies as record fuel prices pile pressure on leaders to contain mounting public discontent. Across the EU, gas prices are now up +24% year-over-year, while diesel is up +38%, and jet fuel is up over +100%. Europe's worst-ever energy c