August 4, 2026
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9:25Now PlayingUS President Donald Trump has criticized major American oil companies, including ExxonMobil and Chevron, for earning massive profits during the ongoing Iran conflict. Speaking at the White House, Trump said soaring energy prices had allowed oil giants to make "too much money" and urged them to pass some of those gains back to consumers by lowering fuel prices. He argued that companies benefiting from supply shortages should reduce retail prices instead of maximizing profits. Trump's remarks come as global oil markets remain volatile amid heightened tensions in West Asia, with concerns over energy supplies and the security of the Strait of Hormuz.
#trump #oilprices #exxonmobil #chevron #iran #usa #energy #fuelprices #middleeast #breakingnews #worldnews #mirrornow
Trump Blasts Oil Companies As Crude Shoots Up Amid US, Iran & Starit Of Hormuz Blockade
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