Trump warns oil firms and probes gas bets

U.S. President Donald Trump threatened major oil companies with "big problems" if they did not lower gasoline prices, and ordered an investigation into the sector's potential market manipulation practices. He asserted that a fair price for fuel should be $2.25 per gallon, with adequate supplies available, pointing to unjustified price increases. He also announced that maritime traffic through the Strait of Hormuz remains stable despite regional tensions, even as tensions escalate between the White House and oil companies amid accusations of manipulation and profiteering at the expense of consumers.

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