Oil

Dutch opposition parties are calling for a windfall tax on energy giants to help households struggling with rising fuel and living costs. The proposals include price caps and tax cuts to offset the economic impact of international conflict. This movement puts increasing pressure on the cabinet to move beyond monitoring and take direct financial action.

The AEX index started the week lower, continuing Friday’s losses amid fresh tensions in the Middle East. Rising oil and gas prices weighed on markets, while airline stocks came under particular pressure. Flow Traders stood out as one of the few gainers, benefiting from market volatility.