President Trump told reporters at the White House the US has been removing "millions of barrels" of oil from Iran every night, saying those shipments explain why oil trades around $85-90/bbl rather than $250 and that fuel prices would fall immediately once the war ends. Asked about the claim, Energy Secretary Wright said he was not aware of US shipments of Iranian oil.

2026-06-11

President Trump told reporters at the White House the US has been removing "millions of barrels" of oil from Iran every night, saying those shipments explain why oil trades around $85-90/bbl rather than $250 and that fuel prices would fall immediately once the war ends. Asked about the claim, Energy Secretary Wright said he was not aware of US shipments of Iranian oil.