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Trump says oil companies making 'too much money' from Iran shortage
HIGHGeneral

Trump says oil companies making 'too much money' from Iran shortage

🇮🇷 IranAug 3, 2026 18:44SRC: MIDDLE EAST EYEBY: Fleur Hargreaves

INTELLIGENCE SUMMARY

Trump says oil companies making 'too much money' from Iran shortage US President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, for making "too much money" because of high prices resulting from the crude shortage caused by the Iran war, and called on the industry to help keep fuel prices down. "I don't like it. They're making too much money, okay? Based on a shortage, they're making too much money," Trump told journalists on Monday at the White House.

DETAILED REPORT

Trump says oil companies making 'too much money' from Iran shortage US President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, for making "too much money" because of high prices resulting from the crude shortage caused by the Iran war, and called on the industry to help keep fuel prices down. "I don't like it. They're making too much money, okay? Based on a shortage, they're making too much money," Trump told journalists on Monday at the White House.
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