US President Donald Trump will meet with oil refiners and fuel retailers as the war in Iran has raised gas prices ahead of midterm elections. This was reported by Qazaqyia.kz citing Reuters.
According to sources, the meeting is planned ahead of the US midterm elections amid rising fuel prices. The war in Iran has led to higher prices on the global oil market, directly affecting American consumers.
The Trump administration is considering measures to stabilize fuel prices on the domestic market. Representatives of oil refineries and heads of fuel retail companies have been invited to the meeting. It is expected that ways to lower prices and proposals will be discussed.
According to Reuters, this meeting will be an important step in the president's economic policy. The conflict in Iran threatens oil supplies, causing prices to rise on the global market. Rising gas prices in the US are causing public discontent and putting pressure on the authorities.
According to experts, the Trump administration is trying to improve the economic situation ahead of the upcoming elections. Rising gas prices could hinder winning over voters. Therefore, the president plans to meet with representatives of the oil industry and take concrete measures.
The exact time and place of the meeting are not yet known, but sources have confirmed that it will take place soon. This action by the Trump administration will be one of the first steps aimed at stabilizing prices on the domestic market.