World · 4 August 2026
Donald Trump tells major oil firms to lower fuel costs
Unsplash / Maksym Kaharlytskyi
ExxonMobil and Chevron pulled in profits exceeding £20bn over three months as energy markets reacted to the US-Israeli conflict with Iran. Major energy firms need to return money to citizens and reduce fuel costs, Donald Trump announced during a Monday evening press conference at the White House. The US justice department was additionally directed by Trump to investigate possible retail price manipulation.
Reported by Guardian · How we write briefs