EU ministers weigh windfall taxes on energy firms amid growing economic strain.
18 September 2026
EU ministers meeting in Dublin are considering a windfall tax on energy companies, as price volatility continues to destabilise the economic outlook.
With the war in the Middle East continuing, oil prices have surpassed $100 and are driving inflation higher across the bloc, which is not expected to return to the 2% target before the end of 2027.
With the war in the Middle East continuing, oil prices have surpassed $100 and are driving inflation higher across the bloc, which is not expected to return to the 2% target before the end of 2027.