Merz rejects windfall profits tax as motorists face higher prices
Chancellor Friedrich Merz sees various options to ease the burden from sharply rising petrol prices in Germany but has ruled out a windfall tax on energy com...
Tuesday, September 15, 2026
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Chancellor Friedrich Merz sees various options to ease the burden from sharply rising petrol prices in Germany but has ruled out a windfall tax on energy com...
Oil prices rose on Tuesday as the Middle East conflict widened.
Faced with record diesel prices and less than two months to go until the midterm elections, Donald Trump has reverted to a default setting in his turbulent and abortive campaign to end the Ukraine war: blaming the victim. His timing could not be worse for Ukraine, or more beneficial to Russia.