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US to probe petrol price gouging claims, Trump says (opens original article in a new tab)

TL;DR

US President Trump ordered an investigation into energy companies for not reducing petrol prices despite falling crude oil costs, as oil prices remain higher than pre-conflict levels.

  • US President Trump ordered an investigation into energy companies for not reducing petrol prices despite falling crude oil costs.
  • Oil prices dropped from $120 to $76 per barrel but remain higher than pre-conflict levels.
  • US gasoline prices fell to $3.90 per gallon but are still above pre-war levels.

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