UPDATE 1-Trump met with Chevron, other energy companies, on Tuesday

The administration this ⁠month ​has also invoked the Defense Production Act authorizing the Pentagon and the Department of Energy to take actions including purchases to expand domestic energy in an attempt to ⁠lower prices for consumers. The White House official said Trump meets regularly with energy executives to ⁠get their feedback ⁠on domestic and global energy markets.

‌U.S. ​President Donald Trump met with top officials from Chevron and other energy companies on Tuesday to discuss a range of ‌topics, including U.S. oil production, oil futures, shipping and natural gas, a White House official said on Wednesday. Chevron's spokesperson said its CEO Mike Wirth attended the gathering to discuss global oil markets, ‌which have been roiled by the U.S.-Israeli war against Iran. Treasury Secretary Scott Bessent, Trump's ‌Chief of Staff Susie Wiles, special envoy Steve Witkoff and Trump's son-in-law Jared Kushner were also at the meeting, which was first reported by Axios.

High oil prices are a risk for Trump's fellow Republicans ahead of the ⁠midterm ​congressional elections in November. "The ⁠executives all spoke highly of the actions President Trump has taken to unleash American energy dominance, and ⁠said the President is doing all the right things right now," the White House official said.

The Trump ​administration last week granted a 90-day waiver extension to a shipping law called the ⁠Jones Actto allow foreign-flagged vessels to move commodities such as oil products and fertilizer between U.S. ports. The administration this ⁠month ​has also invoked the Defense Production Act authorizing the Pentagon and the Department of Energy to take actions including purchases to expand domestic energy in an attempt to ⁠lower prices for consumers.

The White House official said Trump meets regularly with energy executives to ⁠get their feedback ⁠on domestic and global energy markets. The administration could take additional steps including relaxing pollution regulations at refineries, in an attempt to lower fuel prices.