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Trump urges petrol retailers to lower prices immediately

29 June 2026
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US President Donald Trump has urged gasoline retailers to lower prices immediately, warning of significant consequences if they do not comply. He condemned illegal price gouging and specifically called for prices to target around $2.50 per gallon. Trump also criticized California’s high fuel taxes and announced an investigation into major oil companies for not reducing pump prices despite declining oil costs. The push for lower prices comes amid rising fuel costs linked to the US-Israel conflict with Iran and approaching mid-term elections.

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Tags: Donald TrumpEconomyEnergyFossil FuelsimmediatelyIranMiddle EastOil and GaspetrolpricesretailersTrumpUnited StatesurgesUS Midterm Elections 2022US-Israel war on Iran
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