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\u2018The Big Money Show\u2019 discusses U.S. control of the Strait of Hormuz, President Donald Trump\u2019s Iran threats, and energy security.<\/p>\n
President Donald Trump claimed energy companies are engaging in fuel price gouging and said that he has ordered the U.S. Justice Department to investigate.<\/p>\n
“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,'” Trtump asserted in a Truth Social post.<\/p>\n
“I have instructed the DOJ to immediately start looking into this. Gasoline prices better start going down a lot faster than what I\u2019m seeing!” he declared.<\/p>\n
OIL TANKER TRAFFIC THROUGH STRAIT OF HORMUZ HITS HIGHEST LEVEL SINCE CONFLICT BEGAN BUT MINES REMAIN<\/p>\n
U.S. President Donald Trump gestures as he boards Air Force One to depart Reading Regional Airport on June 23, 2026 in Reading, Pa. (Andrew Harnik\/Getty Images \/ Getty Images)<\/p>\n
Americans have been facing higher fuel prices during the Iran war.<\/p>\n
The AAA national average for regular gas is $3.928 as of June 24, down from the month-ago average of $4.515, though still significantly higher than the year-ago average of $3.224.<\/p>\n
INFLATION ROSE AGAIN IN MAY AS ELEVATED ENERGY PRICES SQUEEZE CONSUMERS<\/p>\n
Fuel prices on a pump at a Chevron gas station in Bay Harbor Island, Fla., on Monday, June 22, 2026.\u00a0 (Zak Bennett\/Bloomberg via Getty Images \/ Getty Images)<\/p>\n
WTI crude oil futures are around $71 as of Wednesday morning, but were even lower before the start of the war.\u00a0<\/p>\n
U.S. crude closed at $73.21 Tuesday, only $6.19 more than the day before America attacked Iran earlier this year, NBC News reported.<\/p>\n
TRUMP VISITS MACK TRUCKS PLANT IN BATTLEGROUND PENNSYLVANIA DISTRICT TO TOUT ECONOMIC AGENDA AS MIDTERMS LOOM<\/p>\n
U.S. President Donald Trump takes questions from members of the media during a meeting with oil and gas executives in the East Room of the White House on Jan. 9, 2026 in Washington, D.C.\u00a0 (Alex Wong\/Getty Images \/ Getty Images)<\/p>\n
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Trump signed a Memorandum of Understanding related to Iran last week.<\/p>\n
#President #Trump #alleges #gas #price #gouging #calls #DOJ #investigation<\/p>\n","protected":false},"excerpt":{"rendered":"
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