Trump's relationship with Big Oil is getting complicated

The oil industry received some welcome news this week as the United States and Iran agreed to a temporary ceasefire, raising hopes for greater certainty around shipping through the Strait of Hormuz. But President Donald Trump also directed the Justice Department to investigate major oil companies over alleged price gouging. POLITICO's James Bikales breaks down how the Trump–Big Oil alliance is getting more complicated. ----------------------------------------- Subscribe to our channel! https://www.youtube.com/channel/UCgjtvMmHXbutALaw9XzRkAg?view_as=subscriber Check out our video catalog: https://www.politico.com/video Follow POLITICO here: ➤ X: https://x.com/politico/ ➤ Instagram: https://www.instagram.com/politico/ ➤ Facebook: https://www.facebook.com/politico/