President Trump is berating gasoline retailers for keeping prices high. Evidence suggests the business has grown more profitable.
As tankers start sailing again through the Strait of Hormuz, oil prices have fallen nearly to their level before fighting blocked off the Persian Gulf four months ago. As usual for a so-called supply shock, prices at the pump aren’t falling as quickl… [1079 chars]
Source: The New York Times | Published: 2026-07-06T15:01:24Z
Credit: The New York Times
