US President Donald Trump has directed the Department of Justice to…
US President Donald Trump has directed the Department of Justice to investigate why oil companies are not lowering gasoline prices. 'Major oil companies are not reducing gasoline prices in proportion to the sharp drop in oil prices.'
Consensus
- US President Donald Trump ordered the Department of Justice to investigate why oil companies are not lowering gasoline prices.
- Gasoline prices in the US fell below $4 per gallon for the first time since March.
- The drop in gasoline prices was linked to preparations for opening the Strait of Hormuz after a US-Iran deal.
Points of divergence
- Trump claimed that oil companies are overcharging customers by selling gasoline at prices significantly higher than the cost of crude oil. — kommersant
- Trump expects a faster decline in gasoline prices due to the opening of the Strait of Hormuz. — vedomosti
- It may take several weeks to a month for full shipping operations to resume in the Strait of Hormuz after the US-Iran deal. — vedomosti
Coverage (2 sources)
- Trump directs DOJ to investigate oil companies over high gas prices — Коммерсантъ
- Trump orders investigation into lack of gasoline price reductions — Ведомости