Trump criticizes ExxonMobil and Chevron for making 'too much money'

Donald Trump lashed out at two of America's largest oil companies, ExxonMobil and Chevron, claiming they are making 'too much money' while ordinary consumers face high gasoline prices. The remarks come amid growing political pressure on the energy sector from an administration seeking to lower fuel costs for voters. Analysts say such rhetoric could foreshadow new regulatory initiatives or tax measures targeting oil majors. For investors in ExxonMobil and Chevron shares, this adds political risk on top of traditional factors like oil price dynamics and production volumes. Both companies continue posting strong quarterly results, making the standoff with the White House especially notable given their financial success.