France, May 12 -- TotalEnergies' announcement of a record €4.96 billion profit in the first quarter of 2026, up 51 percent on last year, has reignited calls for a windfall tax on energy firms benefiting from the war.
The National Assembly finance committee said on Tuesday that chief executive Patrick Pouyanne would answer questions on 17 June. Oil price surge
Global oil prices have surged since the start of the US war with Iran, which effectively blocked the Strait of Hormuz, through which almost a fifth of the world's oil is shipped.
TotalEnergies swiftly announced it would cap prices at its petrol stations, and said it would introduce discounts over the bank holiday weekends in May.
Diesel, already limited to €2.25 per l...
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