Top News | Trump Budget Denounced as 'Moral Obscenity'
Friday, April 3, 2026 ■ Today's Top News Windfall Tax on Big Oil Demanded as Trump's Iran War Pads Profits of Fossil Fuel Giants "The Iran war is exposing the deadly consequences of global fossil fuel dependence." By Brad Reed With the price of oil surging and showing no signs of coming down anytime soon thanks to President Donald Trump’s illegal war in Iran, renewable energy advocacy organization 350.org renewed its previous call to slap fossil fuel companies with a windfall profits tax. In a Friday statement, 350.org noted that the oil supply shortage caused by the Iran war is growing so acute that it’s leading to a “global surge” in coal production to meet energy demands. RECOMMENDED... Big Oil Windfall Tax Would Return ‘Egregious’ Iran War Profits to Struggling US Families Thanks to Trump’s Iran War, Over $100 Billion Has Been ‘Siphoned From Ordinary People’ to Big Oil Specifically, 350.org pointed to both Japa...