Average Gas Prices Remain Above $4. Trump Is Again Calling On Major Gas Companies To Lower Prices

President Donald Trump again called on major oil companies to lower gas prices, claiming they have been raking in large profits over the past months as a result of disruption caused by the war in Iran.

In a social media post, he made reference to an interview Chevron CEO Mike Wirth gave to Fox News in which he detailed "all of the reasons that his company is doing so well."

"The only thing he conveniently forgot to mention is that, without the genius, foresight, strength, and stability, of the TRUMP Administration, the Oil Industry, and our Country itself, would be DEAD! As an example, they threw Mike and Chevron out of Venezuela, but now they're back, far bigger and stronger than ever before, expecting to make a fortune! That goes for other Oil Companies as well...and get your consumer (retail!) Oil Prices DOWN, NOW!" Trump added.

Average gas prices continue standing above $4 a gallon, according to AAA. Companies have said that gas prices take a while to adjust to oil prices as purchases are made several weeks in advance. Moreover, uncertainty is dominating the oil market as prices whipsaw based on developments related to the war in Iran and traffic through the Strait of Hormuz.

Prices plummeted on Monday after Trump claimed conversations are ongoing again and strikes in the region have been halted.

Brent crude, the international benchmark, fell 4.62% and stood at $83.87 a barrel at 2:58 p.m. ET, while West Texas Intermediate, the U.S. benchmark, dropped just over 5% and clocked in at $80.40 a barrel at the same time.

Trump on Monday accused Iranian leadership of being "unbelievably duplicitous" after a top official denied the country had requested talks with the U.S. as tensions between the countries continue.

In a social media post, Trump claimed that officials are seeking meetings with the country, and there are even "more scheduled in the immediate future," but then "they say, openly and proudly, that they're not having any discussions, that nothing is being talked about, and they're only dealing with 'Oman.'"

The publication comes hours after Iranian foreign ministry spokesperson Esmail Baghaei rejected there are ongoing talks, saying the country had only discussed navigation through the Strait of Hormuz with Oman.

Baghaei claimed that the countries are engaging in an effort to "determine, at the earliest opportunity and in consultation with Oman, a route that is naturally temporary and based on which the safety of navigation through the Strait of Hormuz can be ensured."