BlockBeats News, June 11th - After the latest inflation data was released, U.S. President Trump made controversial remarks once again. In response to the CPI rising to 4.2% (reaching a new high since 2023), he said, "I like inflation," and described the current data as "great."
Trump further claimed that the U.S. is "shipping out millions of barrels of oil every night" through the Strait of Hormuz, suggesting that this is the reason why oil prices have not surged further. He also mentioned that the U.S. military is conducting related "secret missions" to ensure the passage of oil tankers.
However, this statement has raised doubts from the public. U.S. Energy Secretary Wright stated in a congressional hearing that he was not aware of the U.S. "shipping out oil" from Iran, only confirming that the U.S. military is assisting some oil tankers in crossing the Strait of Hormuz.
Analysts pointed out that it is currently unclear what Trump's mentioned "shipping out oil" specifically means and its logical relationship with inflation. The Democratic Party took the opportunity to criticize his remarks as "out of touch with reality," with Senate Minority Leader Schumer accusing him of "disrespecting the people."
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