
5 countries ask Brussels to tax energy companies benefitting from Iran crisis
Austria, Germany, Italy, Portugal, and Spain are calling for a fair redistribution of corporate profits surged by the Middle East conflict.
POLITICO Europe••2 min
April 5, 2026

Austria, Germany, Italy, Portugal, and Spain are calling for a fair redistribution of corporate profits surged by the Middle East conflict.

Ryanair CEO Michael O’Leary warns that Iran-related fuel shortages could trigger significant travel chaos for holidaymakers in summer 2026.

European diesel prices have surged over 30% since the Middle East conflict began, exposing the continent's reliance on fuel imports and diesel vehicles.

Eurotunnel and Eurostar passengers will avoid new biometric border checks this Easter, easing fears of travel chaos as the EU delays the EES rollout.
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