Trump pushes DOJ probe into gas-price gouging as prices slip

Trump said he instructed the DOJ to probe oil companies for not lowering pump prices in line with falling crude costs, accusing them of gouging consumers; he did not name firms in a Truth Social post. The API noted that gasoline prices don’t track crude price exactly, especially amid disruptions from the Iran conflict and the Strait of Hormuz. US gas prices have recently fallen below $4 per gallon (national average around $3.92) while crude hovered near $73 a barrel. The move comes ahead of the midterms amid Iran nuclear talks that could ease energy pressures.