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Portugal to propose energy windfall tax amid war costs

Filed: May 05, 2026 at 11:04 AM ET
Summary: Portugal plans to propose a windfall tax on energy companies to cushion consumer and company fallout from spiraling costs.
WHO: Portugal
WHAT: Plans to propose an energy windfall tax
WHEN: May 05, 2026 at 9:59 AM ET
WHERE: Portugal
WHY: To cushion fallout from spiraling costs tied to the Iran war.
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