# Wright Says High Oil Prices Are Temporary

https://mins.news/en/video/119572

- Bloomberg Television, 2026-10-28 17:50 UTC
- Economy
- Original: https://www.youtube.com/watch?v=aKgrTrFpdbg

> 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.

## Related coverage

- [US-Iran war drives oil prices higher, boosting oil companies’ profits and gas costs](https://mins.news/en/item/123056) — CNN, 2026-10-30
- [Market Talk: Oil market has adapted to the war’s swings](https://mins.news/en/video/122383) — Reuters, 2026-10-30
- [Oil flows rise as Iran war turmoil eases. Why are prices still climbing?](https://mins.news/en/item/122101) — Al Jazeera, 2026-10-30
- [US Energy Secretary Wright on Oil](https://mins.news/en/video/119650) — Bloomberg Television, 2026-10-28
