Trump says "I love the inflation" and that U.S. is "taking out" Iranian oil
Summary
Inflation in the U.S. rose above 4% in May, reaching its highest point in three years. President Donald Trump said he "loves the inflation" and claimed a secret U.S. operation is lowering global oil prices by targeting Iranian oil in the Strait of Hormuz.Key Facts
- Inflation in the U.S. increased to over 4% in May.
- This is the highest inflation rate in the last three years.
- President Trump made a statement expressing positive views about inflation.
- He mentioned a secret U.S. mission in the Strait of Hormuz.
- The mission aims to reduce the influence of Iranian oil on global prices.
- The Strait of Hormuz is a key oil shipping route.
- The government data showing inflation levels was recently released.
- The statements were reported by CBS News.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.