First Thing: Soaring oil profits from US-Iran conflict drive calls for windfall tax

Environmentalists and activists furious as Trump’s policies raise costs for US families. Plus, the undiscovered masterpiece that was left lying in museum storage Good morning. Donald Trump’s statement that oil companies have made “too much money” from the Iran war has angered environmentalists , who say his policies were designed to benefit those very corporations. American families have paid more than $78bn more at the pump since the start of the Iran war, according to a Brown University tracker. A recent analysis from the environmental advocacy group Climate Power and the Center for American Progress Action Fund, a liberal thinktank, found that Trump’s policies had cost the average American family $285 more when filling up their cars.

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