Trump presses oil majors to slash US gas prices amid Iran talks

1 min read
Source: Al Jazeera
Trump presses oil majors to slash US gas prices amid Iran talks
Photo: Al Jazeera
TL;DR

US President Donald Trump urged Chevron to immediately cut gasoline prices for American consumers, claiming the administration's policies boosted the oil industry as markets fluctuated amid renewed Iran-related tensions. He attacked Chevron CEO Mike Wirth for not crediting his administration and urged other oil companies to lower prices now. With Brent crude around $83 a barrel after a recent dip, economists warn any relief could be temporary as geopolitical risks persist and Iran’s negotiating stance remains unclear.

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