US President Donald Trump on Monday called on Chevron and other major oil companies to lower retail fuel prices for consumers, saying the industry should pass its gains on to Americans, Anadolu reports. In a Truth Social post, Trump praised Chevron’s performance but urged the company and the broader oil industry to reduce prices at the pump. “That goes for other Oil Companies as well…and get your consumer (retail!) Oil Prices down, now!” Trump said. His remarks came after Chevron posted a record quarterly net profit of $12.1 billion on Friday, underscoring how major oil companies have benefited from global supply disruptions triggered by the Iran war. Chevron CEO Mike Wirth cautioned that escalating tensions with Iran and Houthi strikes on Saudi […]
This article was sourced from Middle East Monitor.
Read Full Article on Middle East Monitor →![US President Donald Trump holds a press conference at the Presidential Complex during the 36th NATO Summit of Heads of State and Government in Ankara, Turkiye, on July 8, 2026. [Binnur Ege Gürün Koçak - Anadolu Agency]](https://www.middleeastmonitor.com/wp-content/uploads/2026/07/AA-20260708-41926497-41926492-NATO_ANKARA_SUMMIT.jpg)
