CNN
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Saudi oil profits up 44%; Trump says producers made too much money
Posted
August 5, 2026
Views
26,848
Likes
338
Comments
233
Engagement
2.13%
August 5, 2026
26,848
338
233
2.13%
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8:03Now Playing“They’re making too much money,” President Donald Trump said in the Oval Office on Monday. Oil companies — and their colossal profits — were the latest target of his ire.
A tumble in energy prices is exactly what Trump needs three months ahead of midterm elections that current polling shows could bring big gains for Democrats in Congress. His war against Iran has sent global oil prices skyward, rippling out into higher costs for American consumers.
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#Iran #Trump #News
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