EconomyWright Says High Oil Prices Are Temporary

Name: Wright Says High Oil Prices Are Temporary
Uploaded: 2026-10-28T17:50:00.000Z
Description: US Energy Secretary Chris Wright called high oil prices a temporary “short-term interruption” caused by the war in Iran. He declined to forecast where prices will go, while saying large military forces are being used to get ships through the Strait of Hormuz.

US Energy Secretary Chris Wright called high oil prices a temporary “short-term interruption” caused by the war in Iran. He declined to forecast where prices will go, while saying large military forces are being used to get ships through the Strait of Hormuz.

Bloomberg Television 2026-10-28 17:50