U.S. Russell Index rebalancing: Google and AMD removed from the Russell 1000 Value Index
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From "calling out" to "talks": Trump to summon refiners and fuel retailers next week, further escalating oil price intervention ahead of midterm elections
The Trump administration's intervention in gasoline prices continues to escalate: from instructing the Department of Justice to investigate oil companies for "price gouging" in June, to directly calling on Chevron to cut prices in August, and now expected to officially summon refiners and fuel retailers for a meeting next week to apply pressure. Analysts believe that the White House's moves aim to ease the impact of the Iran conflict on consumer living costs ahead of the November midterm congressional elections.
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