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A European tax on oil superprofits is necessary

Posted on May 4, 2026
By Le Monde
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1 min read

A European tax on oil superprofits is necessary

EDITORIAL. The war in the Middle East has reignited the debate on how to make multinationals that benefit from soaring oil prices contribute more. Rather than being forced to improvise under pressure from an Assemblée Nationale without a majority, it would be preferable for the government to push for the creation of a Europe-wide mechanism.