First Thing: Soaring oil profits from US-Iran conflict drive calls for windfall tax
Environmentalists and activists furious as Trump’s policies raise costs for Americans. Plus, the masterpiece that was left lying in museum storageDon’t already get First Thing in your inbox? Sign up hereGood morning. Donald Trump’s statement that oil companies have made “too much money” from the Iran war has angered environmentalists, who say his policies were designed to benefit those very corporations.Americans have paid more than $78bn more at the pump since the start of the Iran war, according to a Brown University tracker. A recent analysis from the environmental advocacy group Climate Power and the Center for American Progress Action Fund, a liberal thinktank, found that Trump’s policies had cost the average American family $285 more when filling up their cars.What policies has Trump
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.