Elizabeth Warren attacks Trump over oil profits as U.S. gas averages $4.0091

Sen. Elizabeth Warren criticized Donald Trump on Monday, arguing that oil companies benefited from the war with Iran while U.S. consumers faced higher gasoline costs. In a post on X, Warren said oil companies "invested $5 million" in Trump's inauguration fund and later saw "$23 billion in excess war profits," while drivers got a gas bill that was "$857 higher than last year," which she called "Trump math." Market data cited in the report showed the national average gasoline price at $4.0091 a gallon, according to the American Automobile Association, with California at $5.5955 a gallon. Crude prices were higher at press time, with West Texas Intermediate (WTI, a U.S. oil benchmark) at $82.20 a barrel and Brent (global oil benchmark) at $87.77 a barrel, while the United States Oil Fund rose 0.02% to $125.94 in overnight trading. Gov. Jay Robert "JB" Pritzker also criticized oil companies' windfall profits and called on Chevron Corp, ConocoPhillips and ExxonMobil Holdings Corp, among others, to return money to consumers. GasBuddy analyst Patrick De Haan said U.S. gasoline prices could rise further as uncertainty persists around the Strait of Hormuz, a key oil shipping route, after Iran demanded U.S. compensation for damages and sanctions relief to reopen the waterway. Trump said during a press briefing cited by Al Jazeera that the United States remained in control of the Strait of Hormuz and that the waterway was "open." In a Truth Social post on Monday, he also said he was demanding compensation from Iran for Americans killed or gravely wounded by roadside bombs and in other conflicts.

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