Donald Trump says oil execs have made too much money since blockade of Hormuz Strait

As a consequence of the Iran war and the blockade of the Strait of Hormuz, oil prices have soared. The profits of the industry's biggest companies have also skyrocketed, and US President Donald Trump believes they're making far too much money. He's calling on them to lower prices. With the midterm elections just three months away, he's potentially concerned about growing anger among Americans. Story by Charlotte Hughes and France 2.
2026-08-05 09:05:59