- US President Donald Trump has sparked widespread political outrage by stating he loves the latest inflation numbers. He explained that the spike is a temporary byproduct of the US military crippling Iranian oil infrastructure.
- Trump disclosed for the first time that the US military executed a nighttime mission. The operation blasted Iranian radar systems and took out 22 ships to secure the Strait of Hormuz.
- The Consumer Price Index has jumped to an annual rate of 4.2 percent, marking its highest level since April 2023. Opposition Democrats have quickly seized on the President’s comments during a critical midterm election year.
US President Donald Trump triggered an immediate political firestorm on Wednesday, June 10, 2026, by openly welcoming the latest domestic inflation spike.
Eko Hot Blog reports that speaking to journalists in the Oval Office, Trump stated that the rising numbers are great and remarked that he loves the inflation. He argued that the current economic pressure is directly tied to highly successful, covert US military actions.
EDITOR’S PICK
- Hamzat Appoints Obanikoro as Campaign DG Ahead of 2027 Lagos Governorship Race
- Tinubu’s State Police Plan Gains Momentum as Amendment Looms
- Residents Raise Alarm After Two Bodies Found in Lagos Waterway
These actions are designed to drain millions of barrels of Iranian oil from the global marketplace.
The President insisted that as soon as the Middle East conflict is resolved, energy costs and domestic inflation rates will drop like a rock.
The President’s unconventional economic remarks came immediately after the release of the latest federal economic data.
The figures show that the US Consumer Price Index rose to an annual rate of 4.2 percent, up from 3.8 percent the previous month.
This acceleration marks the highest inflation level recorded since April 2023. Unfazed by the numbers, Trump revealed that the US military recently carried out a high-stakes, blacked-out nighttime mission.
The operation successfully neutralized Iranian coastal radar installations and took out 22 ships navigating without lights.
Trump claimed this aggressive interdiction is the exact reason international benchmark Brent crude was held at roughly $94 per barrel, a price much lower than he initially anticipated before the outbreak of hostilities.
Expanding on the military’s achievements on his Truth Social platform, Trump announced that he directed a highly successful secret mission.
The operation was designed to safely escort commercial tankers through the volatile Strait of Hormuz.
He boasted that the strategic initiative allowed over 100 million barrels of oil to flow safely into the open market via more than 200 commercial vessels.
Trump declared that the United States of America now completely controls the Strait of Hormuz, adding that Iran’s military is defeated and its economy is lost.
He further cited parallel resource extraction successes in Venezuela as proof of his administration’s global economic dominance, predicting that Tehran will soon be forced to beg for a diplomatic deal.
Despite Trump’s absolute confidence that retail gasoline prices will plummet to pre-war levels, official federal forecasts present a much grimmer outlook.
The US Energy Information Administration updated its projections, predicting that retail gas will average $3.64 per gallon in 2027.
This figure is a sharp increase from the $2.95 average the agency forecast in January when gas was safely under the $3 mark.
The poorly timed economic comments come at a vulnerable moment for the administration.

Trump’s approval ratings on the cost of living have slipped significantly, right as Republicans fight to maintain their congressional majorities in the upcoming midterm elections.
Congressional Democrats immediately launched a coordinated campaign attacking the President’s statements.
Senate Minority Leader Chuck Schumer lambasted Trump on social media, stating that the President’s open contempt for working-class citizens knows no bounds.
House Minority Whip Katherine Clark also chimed in, accusing Trump of enjoying the skyrocketing household costs affecting everyday Americans.
Conversely, Republican House Speaker Mike Johnson rushed to defend the administration.
He insisted to Capitol Hill reporters that the President’s words were completely taken out of context.
Johnson argued that Trump was merely expressing excitement about how favorable future economic metrics will look once the administration permanently resolves the Middle East crisis.




