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Trump threatens Iran after meeting oil bosses over soaring fuel prices
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Trump threatens Iran after meeting oil bosses over soaring fuel prices

The Independent·Paul Farrell·about 1 month ago
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The meeting agenda covered crucial topics, including domestic production, progress in Venezuela, oil futures, natural gas, and shipping Trump says King ‘agrees’ Iran should never have nuclear weapon Donald Trump and his top officials met with oil and gas executives, including Chevron CEO Mike Wirth, at the White House. The agenda covered crucial topics such as domestic production, progress in Venezuela, oil futures, natural gas, and shipping, addressing the energy fallout from the Iran war. US gas prices hit $4.18 per gallon, the highest since 2022, following the near-total closure of the Strait of Hormuz due to the US-Israeli war on Iran, which cut off 500 million barrels of crude supply. Chevron CEO Mike Wirth indicated over the weekend that 'upward pressure' on prices is likely to continue due to significant supply reduction and warned of ongoing strain on jet fuel prices, particularly in Europe.…

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