Trump slams Exxon Mobil, Chevron for 'making too much money'; asks to give it back

Aug 4, 2026 - 09:17
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Trump slams Exxon Mobil, Chevron for 'making too much money'; asks to give it back
President Donald Trump criticized major oil companies for excessive profits. He urged Exxon Mobil and Chevron to lower consumer fuel prices. The companies reported strong quarterly earnings due to higher crude prices. Industry representatives stated prices reflect global market pressures and uncertainty. Global oil markets remain volatile amid Middle East tensions.

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