Trump Calls Emergency Meeting with Oil Executives Amid Fuel Price Crisis
US President Donald Trump is set to meet oil refining executives at the White House on Tuesday as part of his efforts to tame high fuel prices ahead of the November midterm elections. The talks come after Trump announced a deal for a US stake in Venezuela's oil reserves, which was secured after the country's leader Nicolas Maduro was toppled by US forces in January.
The White House said that the meeting with industry leaders will focus on increasing refining capacity and further unleashing American energy dominance across the supply chain. The goal is to bring down fuel prices for ordinary Americans, who have seen their cost of living increase dramatically due to high fuel costs.
Republicans fear that high fuel prices could lead to voter backlash in November's crucial US midterm elections.