Trump Pressures U.S. Gas Stations to Cut Prices to $2.50 per Gallon on June 30

According to BlockBeats, on June 30, Trump pressured U.S. gas stations to cut prices, stating on Truth Social that crude oil had fallen to $68 per barrel and demanding immediate price reductions to $2.50 per gallon or face "big problems." Current average regular gasoline prices stand at $3.85 per gallon, down from $4.36 a month ago but higher than $3.19 a year earlier, according to AAA data.

U.S. inflation reached 4.2% as of May, well above the Federal Reserve's 2% target, with gasoline prices rising 40.5% over 12 months. The move follows Trump's unsuccessful pressure campaign on the Fed; the Supreme Court ruled 5-4 on Monday that his attempt to remove Fed official Lisa Cook violated due process, further insulating the Fed's independence from White House intervention.