Energy Secretary Chris Wright predicted that soaring oil prices will cool off within the “next few weeks” after the war in Iran ends, while sidestepping a question about whether he expects crude to top $200 a barrel.
Oil prices have been hovering around $100 a barrel in the futures markets since President Trump announced a massive attack on Kharg Island, a critical Iranian oil hub, where some 90% of its crude exports flow through.
Read more at https://nypost.com/2026/03/15/us-news/oil-prices-will-drop-after-iran-war-ends-in-the-next-few-weeks-energy-secretary-chris-wright-says/
#iran #oil
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