# Trump targets big oil profits amid Iran market turmoil

https://mins.news/en/video/15010

- DW News, 2026-08-06 10:00 UTC
- Economy
- Original: https://www.youtube.com/watch?v=Dnrc46E7TGY

> US President Donald Trump is criticizing major oil companies over profits made during market disruptions and high energy prices. Although he says he supports free enterprise, Trump argues that companies including Chevron and ExxonMobil have benefited excessively from oil shortages. He also predicts a sharp drop in prices if the conflict involving Iran is resolved. Energy expert Harold “Skip” York considers whether Trump’s criticism is justified and examines what is actually driving oil prices.

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