President Donald Trump seemed to suggest Wednesday the United States is ferrying oil out of the Strait of Hormuz.
Watch the clip in the video player above.
The U.S. president seemed to say that “millions of barrels of oil” have been secreted past Iranian forces in the Strait of Hormuz, helping to ease energy price pressures.
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“Do you know, we’ve been taking out millions of barrels of oil?” Trump said. “Nobody knows it. You know who doesn’t know about it? Iran. Until right now. We took out the other night, 22 ships late at night with no lights, because they don’t have any radar, because we blasted the crap out of it.”
The president said that U.S. forces have been removing millions of barrels of oil on a nightly basis, and he had previously “wanted to say it so badly.”
Inflation just climbed to 4.2% annually, and Trump calls those numbers ‘great’
As affordability concerns hurt his popularity, the U.S. president also declared that he loves the figures in the latest consumer price index report, which showed inflation hitting 4.2%, the highest level since April 2023.
“I love it,” Trump said without irony. “The numbers were great.”
The president said that he thought the numbers were good because he believes that they’ve been driven by higher energy costs tied to the Iran war, suggesting that inflation would ease “as soon as this war is over.”
Inflation has worsened under Trump’s watch, initially because of last year’s tariffs and now because of a conflict that has blocked oil and natural gas shipments through the Strait of Hormuz.
