POLITICSAug 4 · 00:54 UTCPOLITICO EUROPEJames Bikales

‘Making too much money’: Trump blasts Exxon Mobil, Chevron profits

President Donald Trump criticized Exxon Mobil and Chevron for high profits amid rising gasoline prices, urging them to lower retail prices. The companies' recent strong earnings, driven by supply disruptions and high crude prices, have drawn scrutiny as the administration faces pressure to address fuel costs before midterm elections. Chevron and Exxon executives warned that refining capacity shortages may keep prices elevated through fall.

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Donald TrumppersonExxon MobilorganizationChevronorganizationMike WirthpersonAmerican Petroleum InstituteorganizationAndrea WoodspersonGasoline pricestopicMiddle East supply disruptionstopic

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