Trump plans talks with refiners on gas prices

Politics

Trump plans talks with refiners on gas prices

7 sourcesUpdated Aug 28, 2026

President Trump is set to meet with US oil refining executives and fuel retailers to press for lower gasoline prices amid the Iran war and ahead of the November midterm elections. The planned engagement follows a sequence of White House actions, from encouraging DOJ price-gouging probes to publicly urging price cuts, marking the most direct intervention yet in retail fuel pricing. Analysts say the meetings are intended to demonstrate government effort to ease the cost of living for consumers affected by higher energy prices. Attendees are expected to include major refiners such as Valero Energy, Marathon Petroleum, and PBF Energy, along with large retailers. The political stakes are high as voters associate elevated fuel costs with the administration’s performance, complicating Trump’s campaign narrative. Gasoline prices have remained elevated against the backdrop of disruptions tied to the Iran conflict, contributing to broader concerns about energy security and affordability.

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Finance

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World

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Last updatedAug 28, 2026

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Broke m.dailyhunt.in · Aug 27, 6:05 PMLeft +8h7 sources +28h on

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BloombergLean LeftTrump to Discuss High Fuel Prices With Oil Refiners Next Week

cryptobriefing.comOtherTrump plans meeting with US oil refining executives to address high gasoline prices

bitget.comOtherFrom "calling out" to "talks": Trump to summon refiners and fuel retailers next week, further escalating oil price intervention ahead of midterm elections

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Business

Qatar LNG Exports Fall 96% Amid US-Iran War

Qatar's LNG exports plunged 96% over six months of the US-Iran war, costing about $24 billion and forcing budget cuts of up to 30% and a major reduction in overseas aid. Only 18 cargoes were shipped versus 509 a year earlier as damage to Ras Laffan and disruptions through the Strait of Hormuz disrupt global supply, with repairs potentially taking up to five years and Europe facing possible price spikes amid low gas storage.

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