Trump Demands Gas Stations Lower Prices Immediately, Warns of Consequences

U.S. President Donald Trump urged gas stations across the country to lower their prices on June 29 (local time), highlighting the drop in global oil prices following the signing of a memorandum of understanding (MOU) to end the war with Iran.

On his social media platform Truth Social, President Trump wrote, "Gas stations must lower their prices immediately. Gasoline prices are too high considering that crude oil is currently at 68 dollars per barrel and is on a downward trend."

He added, "Gas stations should respond quickly to this statement and do the right thing. Lower your prices for our great American people."

President Trump further warned, "If gas stations do not do this, they will face big problems in the future."

Previously, on June 24, President Trump also expressed frustration that the decline in global oil prices was not being quickly reflected in consumer prices in the U.S., and he ordered the Department of Justice to investigate the matter.

On this day, President Trump set a target price for gasoline at 2.50 dollars per gallon (approximately 3.78 liters).

He also took aim at California, where gasoline prices are higher than in other U.S. states, stating, "They must stop imposing excessive gasoline taxes. Soon, the taxes will be more expensive than the product itself." He added, "The United States will not tolerate this, and the residents of California, who are being oppressed by outrageous taxes and their state government, will not tolerate it either."

(Photo: AP, Yonhap News)
※ Please note: This article was translated by AI and may contain errors.