Key Takeaway
US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’Business live – latest updatesDonald Trump has criticised oil companies for “making too much money” from the global energy market disruption caused by his war on Iran. Brent crude had been trading at about $70 (£52) a barrel before the first US-Israeli…
Published August 4, 2026 · Category: News
Overview
US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’
Donald Trump has criticised oil companies for “making too much money” from the global energy market disruption caused by his war on Iran.
Details
Brent crude had been trading at about $70 (£52) a barrel before the first US-Israeli strikes at the end of February, but by the end of April had soared as high as $126 and is now trading at about $85 a barrel.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "Trump slams oil companies for ‘making too much money’ from his war on Iran" about?+
US president hits out at ExxonMobil and Chevron, saying they should ‘give some of that back to the public’Business live – latest updatesDonald Trump has criticised oil companies for “making too much money” from the global energy market disruption caused by his war on Iran.Brent crude had been trading at about $70 (£52) a barrel before the first US-Israeli strikes at the end of February, but by the end of April had soared as high as $126 and is now trading at about $85 a barrel. Continue reading.
Who reported this story?+
This story was reported by The Guardian World.