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Economy & Money

US treasury secretary warns oil and gas companies to lower prices: ‘We’re watching’

Business | The Guardian 30 June 2026, 15:25 UTC 30 Jun 2026

US treasury secretary warns oil and gas companies to lower prices: ‘We’re watching’ — Business | The Guardian

Scott Bessent says he ‘encourages them to be good actors’ after Trump ranted about prices not dropping fast enough Scott Bessent, the US treasury secretary, issued a veiled warning to oil and gas companies to lower their prices on Tuesday, a day after Donald Trump berated those retailers on social media for not dropping their prices fast enough and demanded they target $2.50 a gallon. “I would encourage them to be good actors, especially in the 250th anniversary, because we’re watching,” Bessent said in an interview with Fox News on Tuesday morning, addressing big oil, independent and internat

This story was reported by Business | The Guardian. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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