Poland Hits Fuel Giants with Windfall Tax to Stop Price Hikes

Poland will impose a windfall tax on fuel companies. The government says the goal is to curb rising fuel prices. A windfall tax is a higher tax on companies that earn unusually large profits. Poland plans to use this tax to limit how much fuel companies can raise prices. The move targets firms benefiting from high fuel costs. It aims to protect consumers from further price increases at the pump.