President Donald Trump scolded ExxonMobil Holdings Corp. and Chevron Corp. for their soaring profits, as oil prices surged amid the war in Iran he launched in February alongside Israel. #trump #iran #news #oil #usa

Trump on Monday said the biggest US oil companies are “making too much money,” urging them to “give some of that back to the public” and cut retail gasoline prices.

“I don’t like it. I should be the last one to say because I’m a big free enterprise guy, nobody bigger,” the president told reporters at the White House. “You surprised I’m saying it? I’ll say it loud and clear. I’m not happy about it.”

Read more: https://www.bloomberg.com/news/articles/2026-08-03/trump-hits-exxon-chevron-for-profits-amid-iran-war-he-launched

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