Energy prices will fall when U.S. destroys Iran's ability to attack tankers in Strait of Hormuz: Wright
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Source: CNBC
Published: 2026-03-09 01:23 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Military & Defence, Iran, Energy, Weather, Environment & Climate, War & Conflict
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Snippet:
Energy Secretary Chris Wright said oil and gas prices will begin to fall when the U.S. begins to knock out Iran's ability to hinder tanker traffic through the Strait of Hormuz, as Americans weather spiking gas prices due to the war in Iran.
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