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CBS News

Trump says “I love the inflation” and that U.S. is “taking out” Iranian oil

By Home - CBSNews.com
June 11, 2026 1 Min Read
Comments Off on Trump says “I love the inflation” and that U.S. is “taking out” Iranian oil
Inflation surpassed 4% in May, surging to its highest level in three years, new government data shows. When asked about the latest spike in prices, President Trump said "I love the inflation" and argued global prices would be higher if not for a secret U.S. mission in the Strait of Hormuz. Nancy Cordes has more.
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