Trump urges gasoline retailers to lower prices, warns of 'big problems' if they don't [View all]

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Source: Reuters

By Kanishka Singh
June 29, 2026 5:06 PM MST Updated 53 mins ago

WASHINGTON, June 29 (Reuters) - U.S. President Donald ​Trump said on Monday gasoline retailers must get ‌prices down immediately and warned that there will be "big problems" ahead if they did not do so.

Here are details:

*"Gasoline Retailers must get ​their Prices down, IMMEDIATELY," Trump wrote on Truth ​Social.
*"There will be no gauging, which is totally ⁠illegal. If Retailers don't do this, big problems lie ​ahead! Start targeting around the $2.50 a Gallon number," he wrote.

Read more: https://www.reuters.com/business/energy/trump-urges-gasoline-retailers-lower-prices-warns-big-problems-if-they-dont-2026-06-30/