CNBC
Trump says oil supermajors are making too much money. What will they do with it?
Monday, August 10, 2026
Former President Donald Trump accused Exxon Mobil and Chevron of making "too much money," according to Trump's statement. The companies have reported increased profits in recent periods. No specific policy proposals or enforcement actions related to the accusation were detailed.
Original reporting: https://www.cnbc.com/2026/08/10/oil-iran-war-profits-windfall-tax.html