Europe quietly resists windfall taxes; Trump tells Iran to open the Strait of Hormuz or face “all hell”, and more
The World in Brief from The Economist
The Economist
4.1 • 1.2K Ratings
🗓️ 5 April 2026
⏱️ 4 minutes
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| 0:00.0 | The Economist. |
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| 0:40.8 | Here's today's free edition. |
| 0:48.3 | This is the world in brief from the economist. |
| 0:55.0 | Our top stories. |
| 1:02.7 | Donald Trump gave Iran 48 hours to make a deal or open the Strait of Hormuz, after which it would face all hell. |
| 1:08.8 | On March 27, the President said America would start striking civilian energy facilities in 10 days. |
| 1:12.5 | Separately, both Iran and America searched for an American pilot whose F-15 warplane was shot down over southern Iran. American forces rescued the plane's |
| 1:18.5 | other crew member. European policymakers are privately pushing back against new windfall taxes on |
| 1:24.6 | big oil, labeling the measures as premature, a source close to the negotiations |
| 1:29.2 | told the economist. The finance ministers of Austria, Germany, Italy, Portugal and Spain |
| 1:34.9 | called for windfall taxes on oil firms amid an energy shock triggered by the war in Iran. In a letter |
| 1:40.7 | they urged for those who profit from the consequences of war to do their part. |
| 1:45.9 | The European Commission is working on targeted policy measures, as spokesperson said. |
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