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Trump says 'I love inflation' amid Iran war and mission of taking Iranian oil out Strait of Hormuz

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June 10, 2026

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President Donald Trump brushed off concerns about the nation's sharp increase in consumer prices, telling reporters that he loves the inflation as gas prices remain high as a result of the U.S. war in Iran.

The president then disclosed the United States has quietly been "taking out millions of barrels of oil" through the Strait of Hormuz, saying the efforts have helped prevent oil prices from soaring higher amid the war, which started with U.S. strikes in late February.

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President Donald TrumpIran TheUnited StatesFebruary How

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Trump says 'I love inflation' amid Iran war and mission of taking Iranian oil out Strait of Hormuz · USA Today · Sentinel