Why are US petrol prices still so high, Trump asks Big Oil? (opens original article in a new tab)

US President Donald Trump accused Big Oil of not lowering petrol prices in line with falling crude costs and ordered the DOJ to investigate, as petrol prices remain high despite recent declines.

• US President Donald Trump instructed the DOJ to investigate oil companies for not lowering petrol prices despite falling crude costs
• Petrol prices have fallen for six weeks but Trump claims they are not dropping fast enough compared to crude oil prices
• US crude prices have fallen 23% since the Iran-US interim peace deal, but petrol prices remain higher than pre-conflict levels