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The Independent UK
The Independent UK
National
Alan Jones

Gordon Brown: States that profited from oil surge should pay global windfall

PA Wire

States which banked “staggering” profits from the high price of oil last year should pay a global windfall levy to help poorer nations in the fight against climate change, former prime minister Gordon Brown has said.

Nations such as Saudi Arabia, the UAE, Qatar and Norway benefited from a “lottery-style bonanza” after their profits more than doubled in 2022 following the spike in the global oil price, the former Labour leader said.

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