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ExxonMobil has filed a lawsuit against the European Commission's proposed windfall tax on fossil fuel companies’ profits.
The European Commission rejected accusations from Hungary that an EU oil price cap on Russian crude was responsible for a fuel shortage at its petrol stations.
Germany and the other cap skeptics have demanded stronger safeguards in case the price cap caused unintended consequences.
Even if Russian oligarchs sue successfully against Western sanctions, there’s no guarantee they’ll regain control over their assets.
While Sunak’s government tries to hose down report it’s after closer ties, the EU has yet to be presented with anything concrete.