{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/six-eu-countries-seek-tax-on-oil-company-windfall-profits","slug":"six-eu-countries-seek-tax-on-oil-company-windfall-profits","url":"https://mediabias.news/business/six-eu-countries-seek-tax-on-oil-company-windfall-profits","title":"Six EU Countries Seek Tax on Oil Company Windfall Profits","subtitle":"Ministers propose placing the issue on the agenda for an upcoming EU finance ministers' meeting.","excerpt":"Six European Union countries have formally requested the introduction of an EU-wide tax on exceptional profits made by oil companies. The ministers argue that these companies are experiencing profit margins that outpace the rise in crude oil prices, exacerbated by the Middle East conflict.","category":"Business & Economy","area":"Middle East","publishedAt":"2026-08-22T19:05:11.819Z","sourceReportedAt":"2026-08-22T18:29:53.515Z","updatedAt":"2026-08-25T00:30:44.449Z","readTime":"4 min read","scores":{"trust":60,"critic":65,"hype":45,"notes":{"trust":"Central claim attributed to named bodies, with two independent outlets and a document cited.","critic":"The reader is told why this matters and who is affected, with specific figures and dates.","hype":"The headline promises a tax, but the article details a request for discussion."}},"tags":["#EUTax","#OilProfits","#EnergyCrisis","#MiddleEastWar","#EconomicPolicy"],"entities":["Germany","Italy","Austria","Poland","Portugal","Spain","Ireland","European Union"],"body":[{"type":"key_takeaways","items":["Six EU countries have jointly called for a tax on the exceptional profits of oil companies.","The request was made in a letter to the Irish minister holding the EU presidency.","Ministers argue that oil companies' current profitability exceeds the rise in crude oil prices.","The countries want the issue added to the agenda for a meeting of EU finance ministers."]},{"type":"paragraph","text":"Six member states of the European Union have requested the introduction of an EU-wide tax on the exceptional profits of oil companies. The countries include Germany, Italy, Austria, Poland, Portugal, and Spain. They sent a joint letter to the Irish minister currently holding the rotating EU presidency, asking for the matter to be placed on the agenda for a meeting of EU finance ministers scheduled for next month."},{"type":"paragraph","text":"The ministers stated in their letter that oil companies are currently experiencing profitability and margins on refined products that exceed the increase in crude oil prices. They highlighted that the situation is occurring amidst one of the largest supply shocks in decades, leading to growing global discontent over the rising cost of living."},{"type":"heading","text":"Disagreement on the cause of increased profits"},{"type":"paragraph","text":"The letter from the six EU countries states that oil companies are experiencing profitability and margins that exceed the rise in crude oil prices. Digi 24, in its full report, quotes a source from the German Finance Ministry stating that 'excessive crisis-related profits must be returned to consumers'. La Stampa, in its full report, notes that the war in Iran is presenting a bill to Europe, and that oil companies are beneficiaries of the surge in energy prices and increased margins caused by the crisis. However, the digests from Il Sole 24 Ore, ANSA, El Debate, El Mundo, and Le Figaro do not specify the cause of the increased profits, only that the companies are experiencing them."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the centre or right-rated digests mention the specific figure of $11.2 billion in profits that TotalEnergies raised in the first half of the year, as reported by La Tribune, an unrated outlet. The digests from the centre and right-rated outlets also do not mention the specific detail that the ministers are requesting the issue be placed on the agenda for a meeting of EU finance ministers next month, a fact present in the full report from Digi 24 and mentioned in the ANSA digest."}],"basedOn":[{"sourceName":"L'Humanité","url":"https://humanite.fr/monde/guerre-en-iran/comment-six-pays-europeens-esperent-taxer-les-superprofits-des-geants-du-petrole","headline":"How Six European Countries Hope to Tax Oil Giants' Super-Profits","angle":"","publishedAt":"2026-08-25T15:53:26.000Z"},{"sourceName":"hibridosyelectricos.com","url":"https://hibridosyelectricos.com/coches/espana-une-alemania-otros-paises-quieren-evitar-impuestos-petroleras-acaben-pagando-ciudadanos_88864_102.html","headline":"Spain Joins Germany and Other Countries: They Want to Prevent Taxes on Oil Companies From Being Paid by Citizens - Hybrids and Electrics","angle":"","publishedAt":"2026-08-25T09:30:00.000Z"},{"sourceName":"radiomoldova.md","url":"https://radiomoldova.md/p/83739","headline":"Six EU States Call for Tax on Huge Oil Profits Generated by Iran's Blockade","angle":"","publishedAt":"2026-08-25T09:00:00.000Z"},{"sourceName":"The Corner","url":"https://thecorner.eu/news-spain/spain-and-five-other-countries-demand-an-extraordinary-tax-on-oil-companies-from-brussels/127403","headline":"Spain and five other countries demand an extraordinary tax on oil companies from Brussels","angle":"","publishedAt":"2026-08-25T07:43:19.000Z"},{"sourceName":"caradisiac.com","url":"https://caradisiac.com/profits-records-six-pays-de-l-ue-veulent-faire-payer-les-petroliers-223657.htm","headline":"Record Profits: EU Ministers' Offensive Against Oil Giants","angle":"","publishedAt":"2026-08-25T05:45:00.000Z"},{"sourceName":"Irish Independent","url":"https://independent.ie/business/irish-business/simon-harris-under-pressure-over-eu-wide-tax-on-energy-firms-after-leaders-warn-him-of-growing-discontent-about-living-costs/a/160456025.html","headline":"Simon Harris under pressure over EU-wide tax on energy firms after leaders warn him of ‘growing discontent’ about living costs","angle":"","publishedAt":"2026-08-25T04:30:00.000Z"},{"sourceName":"Observador","url":"https://observador.pt/2026/08/24/portugal-e-mais-cinco-paises-da-ue-pedem-debate-europeu-sobre-taxa-aos-lucros-extraordinarios-das-petroliferas","headline":"Portugal and Five More EU Countries Call for European Debate on the Extraordinary Profits Tax on Oil","angle":"","publishedAt":"2026-08-24T22:57:01.000Z"},{"sourceName":"Kathimerini English Edition","url":"https://ekathimerini.com/politics/foreign-policy/1313272/6-states-call-for-eu-wide-windfall-tax-on-oil-firms","headline":"6 states call for EU-wide windfall tax on oil firms","angle":"","publishedAt":"2026-08-24T22:17:00.000Z"},{"sourceName":"Correio da Manhã","url":"https://cmjornal.pt/mundo/detalhe/portugal-e-5-paises-pedem-imposto-na-uniao-europeia-sobre-lucros-extraordinarios-das-petroliferas","headline":"Portugal and 5 Countries Request Tax in the European Union on Extraordinary Profits of Oil Companies","angle":"","publishedAt":"2026-08-24T21:58:55.000Z"},{"sourceName":"IOL Portugal","url":"https://cnnportugal.iol.pt/precos-combustiveis/combustiveis/portugal-quer-imposto-sobre-lucros-extraordinarios-das-petroliferas-e-ja-o-disse-a-bruxelas/20260824/6a8cad77d34ed0733ba8177e","headline":"Portugal Wants Tax on Extraordinary Profits of Oil Companies and Has Already Told Brussels","angle":"","publishedAt":"2026-08-24T21:48:00.000Z"},{"sourceName":"Noticias ao Minuto","url":"https://noticiasaominuto.com/mundo/3040858/irao-portugal-e-5-paises-pedem-imposto-na-ue-sobre-lucros-extraordinarios-das-petroliferas","headline":"Oils? Portugal (and More) Asks for Tax on Extraordinary Profits","angle":"","publishedAt":"2026-08-24T20:36:05.000Z"},{"sourceName":"Sapo","url":"https://jornaleconomico.sapo.pt/noticias/portugal-e-mais-cinco-paises-pedem-imposto-na-ue-sobre-lucros-extraordinarios-das-petroliferas","headline":"Portugal and Five More Countries Request Tax in the EU on Extraordinary Profits of Oil Companies","angle":"","publishedAt":"2026-08-24T20:35:24.000Z"},{"sourceName":"La Razón","url":"https://larazon.es/economia/espana-vuelve-poner-punto-mira-petroleras-redobla-esfuerzos-suma-aliados-que-autorice-impuesto-beneficio-guerra-iran_202608246a8c585fa1aaa80b041f2815.html","headline":"Spain Once Again Puts Oil Companies in Its Sights: It Redoubles Efforts and Joins Allies so that the EU Authorizes a Tax to Its Benefit by the Iran War","angle":"","publishedAt":"2026-08-24T14:43:29.000Z"},{"sourceName":"stol.it","url":"https://stol.it/artikel/wirtschaft/700000-dollar-pro-minute-so-hoch-sind-die-gewinne-der-oelkonzerne","headline":"700,000 Dollars per Minute: the Profits of the Oil Companies","angle":"","publishedAt":"2026-08-24T13:59:36.000Z"},{"sourceName":"SIC Notícias","url":"https://sicnoticias.pt/economia/2026-08-24-portugal-e-cinco-paises-pedem-imposto-na-ue-sobre-lucros-extraordinarios-das-petroliferas-7f14cf0d","headline":"Portugal and Five Countries Ask for EU Tax on Extraordinary Profits of Oil Companies","angle":"","publishedAt":"2026-08-24T12:08:07.107Z"},{"sourceName":"barlamantoday.com","url":"https://barlamantoday.com/2026/08/24/eu-countries-call-for-windfall-tax-on-oil-companies-amid-hormuz-crisis","headline":"EU Countries Call for Windfall Tax on Oil Companies Amid Hormuz Crisis","angle":"","publishedAt":"2026-08-24T12:00:40.000Z"},{"sourceName":"Courrier international","url":"https://courrierinternational.com/article/energie-l-allemagne-et-cinq-autres-pays-europeens-appellent-a-taxer-a-nouveau-les-superprofits-du-petrole_262817","headline":"Germany and Five Other European Countries Call for Taxing (Again) Oil Superprofits","angle":"","publishedAt":"2026-08-24T11:37:11.000Z"},{"sourceName":"Reuters","url":"https://reuters.com/business/energy/six-countries-want-eu-talks-september-taxing-windfall-profits-oil-companies-2026-08-24","headline":"Six countries want EU talks in September on taxing windfall profits of oil companies","angle":"","publishedAt":"2026-08-24T11:23:05.530Z"},{"sourceName":"Devdiscourse","url":"https://devdiscourse.com/article/international/3966954-six-countries-want-eu-talks-in-september-on-taxing-windfall-profits-of-oil-companies","headline":"Six countries want EU talks in September on taxing windfall profits of oil companies","angle":"","publishedAt":"2026-08-24T11:16:17.885Z"},{"sourceName":"CDE News","url":"https://cde.news/six-countries-want-eu-talks-in-september-on-taxing-windfall-profits-of-oil-companies","headline":"Six countries want EU talks in September on taxing windfall profits of oil companies","angle":"","publishedAt":"2026-08-24T10:45:00.000Z"},{"sourceName":"RTÉ","url":"https://rte.ie/news/business/2026/0824/1588973-6-countries-want-eu-talks-on-taxing-windfall-oil-profits","headline":"6 countries want EU talks on taxing windfall oil profits","angle":"","publishedAt":"2026-08-24T08:43:37.000Z"},{"sourceName":"Hot News","url":"https://hotnews.ro/sase-tari-importante-din-ue-cer-impozitarea-unei-surse-importante-de-venituri-cei-care-profita-trebuie-sa-contribuie-2331756","headline":"Six Major EU Countries Are Calling for an Important Source of Revenue to Be Taxed: \"The Profiters Must Contribute to It - 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War","angle":"","publishedAt":"2026-08-23T22:30:00.000Z"},{"sourceName":"islamtimes.com","url":"https://islamtimes.com/en/news/1301023/six-european-countries-urge-eu-to-tax-oil-windfall-profits","headline":"Six European Countries Urge EU to Tax Oil Windfall Profits","angle":"","publishedAt":"2026-08-23T20:52:55.000Z"},{"sourceName":"BFM TV","url":"https://bfmtv.com/economie/entreprises/energie/les-benefices-excessifs-doivent-etre-reverses-aux-consommateurs-l-allemagne-et-cinq-pays-de-l-ue-reclament-une-taxe-exceptionnelle-sur-les-compagnies-petrolieres_AD-202608230122.html","headline":"\"Excessive Profits Must Be Paid to Consumers\": Germany and Five EU Countries Demand an Exceptional Tax on Oil Companies","angle":"","publishedAt":"2026-08-23T20:24:22.990Z"},{"sourceName":"in.gr","url":"https://in.gr/2026/08/23/economy/diethnis-oikonomia/eksi-krati-tis-ee-zitoun-ti-thespisi-efapaks-forou-stis-petrelaikes-gia-na-metriastei-o-antiktypos-tou-polemou","headline":"Six EU States Call for 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