“They’re making too much money,” President Donald Trump said in the Oval Office on Monday. Oil companies — and their colossal profits — were the latest target of his ire.

Donald Trump criticizes major oil companies for making "too much money" from high prices due to the Iran war, urging them to cut consumer prices.

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…

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.

US President says oil majors 'made too much money' off higher crude prices