MARKETS
Economy

Bernie Sanders Slams Trump’s Claim That US Is ‘Making a Fortune’ From High Oil Prices, Calls for Windfall Profits Tax on Big Oil

Oct 17, 2026 · 04:19 AM ET· updated 59m ago
Bernie Sanders Slams Trump’s Claim That US Is ‘Making a Fortune’ From High Oil Prices, Calls for Windfall Profits Tax on Big Oil

Bernie Sanders urged a windfall tax on oil companies as rising crude prices and the Iran war increase fuel costs for American households.

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Why It Matters

A politician wants to tax oil companies extra when oil prices rise high. This is about whether companies should share big profits with regular people.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.