U.S. President Donald Trump announced investigations into major oil companies including Exxon Mobil and Chevron amid a surge in gas prices. This was reported by Qazaqyia.kz citing Reuters.
Trump stated that these companies may have contributed to the rise in gas prices, prompting the probes. He emphasized that the measures are aimed at protecting consumers and addressing market unfairness.
The investigations will examine the pricing practices and market shares of Exxon Mobil and Chevron. This is part of broader actions taken in response to record-high gas prices in the United States.