Trump criticizes oil company profits

U.S. President Donald Trump has stated that major oil companies such as Chevron and ExxonMobil are making huge profits as a result of rising oil prices, which increased due to tensions with Iran. Trump called on these companies to reduce fuel prices for consumers after they reported profits equal to 12 times what they made last year. He clarified that he is not happy about the soaring profits and believes that the free market should balance the situation. Trump expects oil prices to decrease after the Iran issue is resolved, and he emphasizes that the companies should return some of their profits to consumers.

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