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US President Donald Trump has launched a blistering attack on America's biggest oil companies, accusing them of making enormous profits while ordinary consumers struggle with soaring fuel prices during the ongoing Iran conflict. Speaking as oil markets remain volatile, Trump singled out energy giants ExxonMobil and Chevron, claiming they are "making too much money" from the crisis. The President urged the companies to "give some of it back" by lowering fuel prices, insisting that American families should not bear the burden of war-driven energy costs. Trump also warned that he does not approve of companies benefiting from geopolitical turmoil, demanding that major oil producers reduce prices at the pump instead of enjoying record profits fueled by global supply disruptions. His remarks come as fuel prices continue to dominate political debate ahead of the US midterm elections, with inflation and energy costs remaining major voter concerns. WATCH

Updated 3 days ago

The race to secure a landmark US-Iran peace agreement has entered a critical phase, with US President Donald Trump claiming that a breakthrough could be just around the corner. Trump has announced that fresh negotiations with Iran are set to begin on Monday, expressing confidence that both sides are moving closer to a historic agreement. However, Tehran has made it clear that any final deal depends on Washington first honouring the existing peace memorandum of understanding. Iranian President Masoud Pezeshkian has stressed that the country's priority is ensuring the United States fulfils its commitments before any new agreement is signed, underlining the trust deficit that continues to shadow negotiations. Meanwhile, Iranian Foreign Minister Abbas Araghchi has revealed that Iran-Oman discussions on the future management of the Strait of Hormuz are in their final stages. WATCH

Updated 3 days ago

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