Trump pressures gas stations to slash their prices ‘immediately’

PoliticsBusiness & Finance
30 Jun 2026 • 6:40 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

Trump pressures gas stations to slash their prices ‘immediately’

  • President Donald Trump has again demanded that petrol prices decrease immediately, following a fragile memorandum of understanding signed with Iran.
  • He attributes the soaring prices to the war he initiated with Israel, which led to a significant increase in fuel costs for American drivers.
  • Trump specifically urged petrol retailers to lower prices to approximately $2.50 a gallon and criticised California's high fuel taxes.
  • While national average petrol prices have begun to fall since tensions with Tehran eased, they remain above the president's target, with Americans having spent an additional $59 billion at the pump.
  • Interior secretary Doug Burgum suggested that Americans buy petrol in 'red states' due to lower prices, a claim that data on regional variations does not fully support.

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