Video: Fuel Prices Surge, Five Countries Prepare Windfall Tax

Five European Union countries are calling for a windfall tax on the extraordinary profits of energy companies, as a reaction to the rise in fuel prices due to the Iran war. The finance ministers of Germany, Italy, Spain, Portugal, and Austria have stressed that this policy will send a clear message that those who profit from the consequences of the war must do their part to ease the burden on the general public. For more details, see the CNBC Indonesia Power Lunch programme (Monday, 27/04/2026).