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Sun · 26 Jul 2026

Trump Orders Probe Into Oil Companies Over Failing to Lower Gas Prices

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Trump Orders Probe Into Oil Companies Over Failing to Lower Gas Prices

🛢️ MARKETS — Trump ordered the slide, now he's angry it went too far. 📌 LOOK CLOSER: Oil sliding on Hormuz optimism created a domestic gas price problem Trump didn't anticipate. A probe is political theater — but it signals Washington wants prices stabilized, not cratered. For Tehran, a US president squeezed on gas costs has less tolerance for prolonged standoff. Falling oil erodes Trump's patience faster than Iran's.

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