Home / Search / Market

Market

US President Donald Trump has launched a blistering attack on America's biggest oil companies, accusing them of making enormous profits while ordinary consumers struggle with soaring fuel prices during the ongoing Iran conflict. Speaking as oil markets remain volatile, Trump singled out energy giants ExxonMobil and Chevron, claiming they are "making too much money" from the crisis. The President urged the companies to "give some of it back" by lowering fuel prices, insisting that American families should not bear the burden of war-driven energy costs. Trump also warned that he does not approve of companies benefiting from geopolitical turmoil, demanding that major oil producers reduce prices at the pump instead of enjoying record profits fueled by global supply disruptions. His remarks come as fuel prices continue to dominate political debate ahead of the US midterm elections, with inflation and energy costs remaining major voter concerns. WATCH

Updated 17 days ago

The conflict between the United States and Iran has intensified following a fresh wave of US military strikes that Iranian authorities say killed seven military personnel, left more than 30 civilians dead and injured over 260 people across multiple locations. According to Iranian officials, 13 US missiles struck a military installation, with Tehran alleging that the attacks were designed to inflict maximum casualties. Authorities also reported that several civilian areas were affected in southern Iran, with children among those said to have been injured. In response, Tehran has vowed a "decisive response," warning that the latest strikes mark another dangerous escalation in the confrontation between the two countries. Iranian officials have indicated that retaliation remains under consideration as regional tensions continue to rise. WATCH

Updated 1 month ago

#