Trump accuses oil companies of gas price ‘gouging,’ calls for DOJ probe (opens original article in a new tab)

Trump called for a DOJ investigation into oil companies for not reducing gas prices despite lower oil costs, accusing them of 'gouging' consumers, while global energy prices had previously risen due to tensions in the Middle East.

• Trump instructed DOJ to probe oil companies for not lowering gas prices
• Oil companies accused of 'gouging' consumers as prices fall for oil but not at the pump
• Global energy prices rose due to Trump's actions in Iran and Strait of Hormuz closure
• Recent peace talks and interim deal may lead to lower gas prices