US President Donald Trump has criticized ExxonMobil and Chevron for earning what he described as excessive profits amid elevated oil and gasoline prices. Trump called on the companies to lower prices for consumers as fuel costs remain high due partly to geopolitical tensions and disruptions affecting major shipping routes. The comments highlight growing tension between the administration’s push to expand domestic energy production and its efforts to keep consumer fuel prices affordable. Rising gasoline prices have become an increasing economic and political concern ahead of the US midterm elections.
