German CSU Leader Soeder says that it is right to tax excess profits from mineral oil companies at the European level

The statement from German CSU Leader Soeder about taxing excess profits from mineral oil companies reflects a significant push towards regulatory measures in the energy sector at a European level.

Newsquawk StaffPublished 13 Apr 2026, 07:49 UTCOn the live feed at 07:29 UTC — 3 more headlines followed before this page went public

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07:33

German Finance Minister Klingbeil says tobacco tax is to be increased in 2026 as counter-financing measure for tax relief bonus

07:30

[ANALYSIS] Iran War Day 45: Countdown to the US' Hormuz Blockade at 15:00BST/10:00EDT

07:29

German CSU Leader Soeder says that it is right to tax excess profits from mineral oil companies at the European level

07:28

Pakistani FM source says Pakistani officials are continuing efforts to convince the US delegation to return to talks; talks took place in a positive atmosphere, indicating both sides are interested in continuing dialogue, N12 reports citing Qatari press

07:26

Israel has decided to establish 15 permanent camps along the front line of the Lebanese villages, Al Jazeera reports, citing Channel 12

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Context

This could impact oil markets, especially WTI, by increasing costs for companies and potentially leading to higher prices for consumers. Investors should monitor this development closely, as it may indicate a broader shift in energy policy that could affect supply-demand dynamics and the attractiveness of energy investments.

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