Trump Slams Chevron CEO, Demands Immediate Reduction in US Fuel Prices United States President Donald Trump has once again criticized oil companies for failing to lower gasoline prices for American consumers, directly targeting Chevron’s chairman and CEO, Mike Wirth, for not acknowledging his administration’s role in revitalizing the oil industry. The president’s remarks come amid rising fuel costs and growing political pressure as the November midterm elections approach. Trump accused Wirth of overlooking the “genius, foresight, strength, and stability” of his administration, which he claims saved the oil sector from collapse. He demanded that Chevron and other companies “get your consumer (retail!) Oil Prices DOWN, NOW!” The controversy follows a sharp surge in petrol prices since the start of the US-Israel war on Iran on February 28. Trump has repeatedly asserted that fuel costs will “come down like a rock” once the conflict ends, but economists warn of long-term economic consequences from the war. Oil prices have fluctuated dramatically, dropping 5% on Monday to $82.91 per barrel for Brent crude—a decline of nearly 18% from its peak of $101 in July. This drop followed Trump’s announcement that new negotiations with Iran are imminent, citing “perimeters of a deal” agreed upon with Qatar, Saudi Arabia, and the United Arab Emirates. Trump claimed the negotiations would include the “Immediate, Complete, and Total OPENING OF THE HORMUZ STRAIT” and an end to Iran’s nuclear threat. However, Iran’s Foreign Ministry spokesman, Esmaeil Baghaei, stated that Iranian negotiators are only discussing the Strait of Hormuz’s management with Oman, with no talks or planned meetings with the US. This contradiction mirrors previous disputes over the status of negotiations, highlighting the lack of clarity in diplomatic efforts.#iran #donald_trump #hormuz_strait #mike_wirth #us_israel_war_on_iran
