Trump accuses big oil firms of price-gouging drivers (opens original article in a new tab)

US President Donald Trump accuses major energy companies of price-gouging drivers by not lowering fuel prices despite falling wholesale oil costs, ordering an investigation into Chevron, ExxonMobil, Shell, and BP. Wholesale oil prices have decreased from peak levels during the US-Israel war with Iran but remain higher than pre-conflict levels.

• US President Donald Trump accuses major energy companies of price-gouging drivers by not lowering fuel prices despite falling wholesale oil costs
• Trump ordered an investigation into Chevron, ExxonMobil, Shell, and BP, claiming gasoline prices should be lower at the pump
• Wholesale oil prices have decreased from peak levels during the US-Israel war with Iran but remain higher than pre-conflict levels