Trump accuses oil firms of price gouging at petrol pumps
BBC News·June 24, 2026

President Trump has accused oil companies of price gouging at petrol pumps, amid concerns that consumers are not benefiting from lower global oil prices. Global oil prices have fallen, but remain higher than before the US-Israel conflict with Iran. Trump's comments suggest he believes oil firms are taking advantage of the situation to inflate prices. The president's remarks put pressure on oil companies to explain their pricing strategies.
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