Washington D.C., June 24 -- US President Donald Trump expressed his anger over US oil companies not bringing down the pump prices of gasoline despite paying a lower price for the oil.

In a Truth Social post, Trump said that customers are being "gouged" and that prices should start going down a lot faster than what he is seeing. Trump added that he has given instructions to the Department of Justice (DoJ) to look into the issue.

Trump's outburst comes in the backdrop of oil prices sliding, with the US WTI trading at around USD72 and the global benchmark Brent around USD75.6. Oil prices have declined significantly from what they were at the peak of the conflict in West Asia. The peace agreement between the US and Iran has brought peace to...