Trump says ‘I love the inflation’ over seizure of oil
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- Trump said "I love the inflation" and blamed the United States’ "taking" of Iranian oil for the price rise.
- Consumer price index hit a three‑year high, prompting Trump's comment.
Why it matters: Trump’s linking of inflation to the U.S. seizure of Iranian oil gives the administration a narrative to justify higher energy prices, while consumers confront rising costs as the CPI reaches a three‑year high, intensifying public scrutiny of foreign policy’s economic impact.
