WASHINGTON: US President Donald Trump accused ExxonMobil and Chevron on Monday of making “too much money” off higher fuel prices and said the oil giants should “give some of that back to the public,” a notable break from his usual alliance with the industry. “I don’t like it,” Trump told reporters on Monday, three days after the companies reported blowout second-quarter earnings as the ongoing war in Iran keeps oil prices high. “Chevron, too much money. ExxonMobil, too much. Too much money.” Exxon and Chevron did not immediately respond to requests for comment.

US President Donald Trump again called on oil companies to lower gasoline prices for American consumers on Monday, chiding Chevron Chief Executive Mike

Donald Trump stated his administration's policies fueled Chevron's success and growth. He highlighted the company's return to Venezuela as a significant achievement. Trump urged…

US President Donald Trump on Monday accused major oil companies of profiting excessively from elevated crude prices caused by supply disruptions linked to the Iran war, saying he…

The president also criticized major oil companies for making too much money

Chevron’s net income increased to $12.2 billion in the second quarter of 2026, an almost 400% rise compared to the same period last year.