Happy to See Inflation Rise Trump Reveals Cuts to Ship Supply Drive Oil Prices Higher June 11, 2026  On June 10, when asked whether he was concerned about the latest Consumer Price Index (CPI) data, U.S. President Donald Trump said, "I love inflation. The numbers are fantastic."The data released that day showed that the annual inflation rate in the United States reached 4.2%, the highest level in three years. The core annual inflation rate, excluding food and energy costs, was 2.9%. "Do you know what I truly love? I love inflation. Know why?" Trump continued, "Because once this war is over, I can finally say it... You know we’ve been taking millions of barrels of oil from there."No one knew about this. So who didn't know? Iranians. They only found out now, said Trump. "A few days ago late at night, we quietly took out 22 ships because we blew up their radar completely."Trump said, "This is why the oil price is currently at $85 per barrel.""We are taking millions of barrels of oil every night, millions of barrels," Trump said. |