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Trump says U.S. is seizing 'millions' of barrels of Iranian oil

newsJun 10, 202640208

President Donald Trump told reporters the U.S. is seizing "millions" of barrels of Iranian oil, saying "I love the inflation" and arguing that taking the oil will help bring prices down when the war ends. United States Central Command said it disabled a Palau-flagged tanker with precision munitions after the vessel violated restrictions tied to Iranian oil transport and failed to comply with orders. Those actions target tanker shipments and, if sustained, could cut Iranian export volumes, tighten global crude supply modestly, and raise legal and geopolitical risks that may further affect energy markets and inflation.

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