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WorldTrump says oil executives have made too much money since Hormuz blockade
The Iran war and blockade of the Strait of Hormuz have sent oil prices sharply higher. Profits at the industry’s largest companies have also surged as a result. US President Donald Trump says the firms are earning far too much and is urging them to cut prices. With the midterm elections only three months away, he may be concerned that anger among Americans is growing.