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Trump says U.S. secretly moved oil through Hormuz, curbing inflation
🇵🇾 Paraguay /Economy & Trade

Trump says U.S. secretly moved oil through Hormuz, curbing inflation

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • U.S. President Donald Trump stated his country has been transporting oil through the Strait of Hormuz without Iran's knowledge, contributing to lower inflation.
  • Trump claimed 22 ships recently crossed the strait at night without lights, evading Iranian radar, which he said helped keep oil prices at $85 per barrel.
  • These remarks came as U.S. inflation rose to 4.2% in May, driven by energy costs amid the conflict with Iran, and Trump announced further U.S. strikes against Iran.

President Donald Trump revealed a covert operation to transport oil through the Strait of Hormuz, asserting that the United States has been moving millions of barrels without Iran's awareness. "We have been taking out millions of barrels of oil. Nobody knows. You know who doesn't know? Iran, until right now," Trump told reporters at the White House.

We have been taking out millions of barrels of oil. Nobody knows. You know who doesn't know? Iran, until right now.

— Donald TrumpTrump speaking to reporters in the Oval Office about U.S. oil transport operations.

Trump detailed that 22 ships recently navigated the strait "late at night and without lights." He explained that Iran lacks the radar to detect them, as their systems were destroyed during the war. The president claimed this clandestine oil flow has kept prices at $85 per barrel, preventing them from exceeding $200.

late at night and without lights

— Donald TrumpTrump describing how ships navigated the Strait of Hormuz.

These statements followed a question about inflation, which surged to 4.2% year-on-year in May, largely due to rising energy costs amid the conflict with Iran. Trump predicted that inflation would fall rapidly once the war ends. He also announced that the U.S. would strike Iran "hard" again, following Tuesday's retaliatory bombings for the downing of a U.S. helicopter in the Strait of Hormuz, a move that jeopardizes peace talks.

Iran does not have radars to detect them because they have been destroyed during the war.

— Donald TrumpTrump explaining why Iranian forces could not detect the oil transport ships.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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