WATCH: Trump claims U.S. is taking 'millions of barrels' of oil out of Strait of Hormuz, calls inflation data 'great'

Former U.S. President Donald Trump asserted that American forces are currently extracting millions of barrels of oil from the Strait of Hormuz on a nightly basis. Speaking at an event, Trump indicated he had long wished to make this statement public, suggesting it was information he had been holding back.

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We are taking millions of barrels of oil out of the Strait of Hormuz, and we do it every night.

"We are taking millions of barrels of oil out of the Strait of Hormuz, and we do it every night," Trump stated. He added, "I wanted to say it so badly."

In addition to his remarks on oil extraction, Trump also commented on the current state of inflation in the United States, describing the latest inflation data as 'great.' This comment comes amidst ongoing economic discussions and concerns about rising prices, offering a contrasting perspective from the former president.

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I wanted to say it so badly.

The specific context and implications of Trump's claims regarding oil removal from the Strait of Hormuz remain unclear from the provided text. The Strait of Hormuz is a critical chokepoint for global oil supplies, and any significant activity there could have substantial geopolitical and economic ramifications.

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great