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Mon · 03 Aug 2026
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Trump Demands Oil Companies Cut Retail Prices Immediately

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Trump Demands Oil Companies Cut Retail Prices Immediately

🛢️ MARKETS — Trump is ordering private oil companies to lower prices while Hormuz stays shut. 📌 LOOK CLOSER: Retail fuel prices are downstream of crude — and crude is high because Hormuz is blocked. No executive order fixes that supply constraint. The demand signals political desperation: Monday Iran talks carry no deadline, the 35-vessel diversion count climbs, and Trump needs a domestic win before the crisis costs him at the pump.

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