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Economists Urge Windfall Taxes on Energy Firms Over Iran Conflict

Prominent economists urged governments to levy windfall profit taxes on energy firms poised to benefit financially from the US-Israeli war on Iran.

Published Apr 16, 2026, 6:44 AM EDT | WFMZZ

Prominent economists on Thursday called for governments to introduce windfall profit taxes on energy companies expected to reap financial gains from the US-Israeli war on Iran. The appeal targets firms set to earn extra profits tied to the geopolitical conflict.