Trump says oil companies should cut gas prices after making "too much money"

President Trump on Monday urged U.S. oil companies to take action to ease gasoline prices, saying that the energy giants "made too much money" from high oil prices due to the Iran war.

Trump's remarks come as Brent crude, the international benchmark, fell more than 4% on Monday to about $84 a barrel amid hopes for diplomatic progress in ending the conflict.

Yet oil prices remain considerably higher than their pre-war levels, and U.S. gasoline prices are above $4 a gallon, up from about $3 a gallon before the war.

In a recent CBS News poll, about half of Americans said elevated fuel costs are causing them financial difficulties.

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