Donald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces criticism over the impact of the Mideast war.
Donald Trump said he ordered an investigation into major oil companies over high gasoline prices as the US leader faces criticism over the impact of the Mideast war.
Global petroleum prices soared after Iran blocked the flow of oil through the vital Strait of Hormuz in response to US-Israeli strikes in February.
"The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil," Trump wrote on Truth Social.
"Those prices are dropping like a rock! In other words, customers are being 'gouged'," he added.
