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Business

Donald Trump says oil execs have made too much money since blockade of Hormuz Strait

France 24

BusinessFrance 24·Aug 5, 2026·1 min read

Donald Trump says oil execs have made too much money since blockade of Hormuz Strait

As a consequence of the Iran war and the blockade of the Strait of Hormuz, oil prices have soared. The profits of the industry's biggest companies have also skyrocketed, and US President Donald Trump believes they're making far too much…

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