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President Donald Trump speaks in the Oval Office of the White House, Wednesday, June 10, 2026

Video. Trump says 'I love the inflation,' claims US taking millions of barrels of Iranian oil

Updated:

President Donald Trump welcomed new inflation data showing prices rising 4.2%, saying the numbers were "great." He argued higher energy costs linked to the Iran conflict were temporary and claimed US forces were moving millions of barrels of oil through the Strait of Hormuz.

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