Trump says Exxon and Chevron made 'too much money' off high oil prices during Iran conflict: 'I don't like it'

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US President Donald Trump speaks before signing an executive order in the Oval Office of the White House in Washington, DC on August 3, 2026.

Jim Watson | Afp | Getty Images

President Donald Trump said Monday that ExxonMobil and Chevron made too much money as crude oil prices rose due to the Iran war.

"They're making too much money based on a shortage," Trump said. "I don't like it."

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