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'Customers Are Being Gouged': Trump Tells DOJ To Look Into Gasoline Prices
'Customers Are Being Gouged': Trump Tells DOJ To Look Into Gasoline Prices
President Trump said on Wednesday that he had instructed the Department of Justice (DOJ) to open an investigation into oil companies over high gasoline prices.
In a Truth Social post, Trump said that oil companies have not lowered their prices at the pump despite a recent decline in crude prices following the U.S.–Iran preliminary agreement.
“Those prices are dropping like a rock! In other words, customers are being ‘gouged,’” he said.
“Gasoline prices better start going down a lot faster than...
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Jul 21, 2026 / Tyler Durden
Kazakhstan Stops Piping Oil To Black Sea After Spate Of Ukraine Drone Tanker Strikes
Kazakhstan Stops Piping Oil To Black Sea After Spate Of Ukraine Drone Tanker Strikes
Update(0803ET): This development certainly isn't going to help global oil prices stay down... Following a drone attack out of Ukraine days ago on the Caspian Pipeline Consortium (CPC) terminal along the Black Sea Coast, Kazakhstan has newly confirmed a halt crude transfers there.
"Kazakhstan is set to stop piping crude to a port on Russia’s Black Sea coast after a spate of attacks on tankers that's jeopardizing the landlocked Asian country’s ability to produce oil," Bloomberg reports Tuesday...
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Jun 2, 2026 / Dave DeCamp
Report: US in Talks on Deploying Nuclear Weapons To More European NATO States
The US is discussing whether to deploy nuclear weapons to additional European NATO member states to assure allies of its commitment to keeping them under its nuclear umbrella, The Financial Times has reported. Currently, the US has B61-12 nuclear gravity bombs deployed in at least five NATO countries under NATO’s nuclear-sharing program: Belgium, Germany, Italy, […]
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Apr 2, 2026 / Tyler Durden
Oil Nears War-Highs As Iran-Israel Strikes Intensify After Trump Speech Set No Off-Ramp Timeline
Oil Nears War-Highs As Iran-Israel Strikes Intensify After Trump Speech Set No Off-Ramp Timeline
Summary
Oil prices surge after no mention of ceasefire while vowing to keep hitting Iran 'extremely hard' in Wed. night Trump speech. Surge in tit-for-tat overnight strikes.
US intelligence assessments say Iran is not ready to negotiate given it believes it has the strategic upper-hand, and doesn't believe Trump is 'serious' about talks: NYT
Highest bridge in Iran, connecting Tehran and Karaj, destroyed - amid reports of expanding attacks on civilian infrastructure
UK's Starmer chairs virtual summit of over 30 countries...
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