Trump instructs DOJ to probe oil companies over higher gasoline prices
Trump instructs DOJ to probe oil companies over higher gasoline prices
ReutersWed, June 24, 2026 at 4:26 AM UTC
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FILE PHOTO: United States Department of Justice logo and U.S. flag are seen in this illustration taken April 23, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
June 24 (Reuters) - U.S. President Donald Trump said on Wednesday that he has instructed the Department of Justice to look into oil companies for not lowering pump prices in line with falling crude costs.
"The big Oil Companies are not dropping their price at the pump commensurate with the sharply lower prices they are paying for Oil. Those prices are dropping like a rock! In other words, customers are being "gouged"," Trump said in a post on Truth Social.
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"I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I'm seeing!"
(Reporting by Anusha Shah in Bengaluru; Editing by Christian Schmollinger)
Source: “AOL Breaking”
