Saturday, March 07, 2026

POLITICS_ Energy Secretary: Gas Prices Could Fall Within Weeks

NEWSMAX

Energy Secretary: Gas Prices Could Fall Within Weeks

By Theodore Bunker | Friday, 06 March 2026 03:07 PM EST


Energy Secretary Chris Wright said Friday that gasoline prices could start falling within weeks even after a sharp run-up tied to the intensifying conflict with Iran, arguing the disruption to oil markets will not be permanent.

"Look, Iran's been an escalator of energy prices [for] 47 years, the whole history of their regime," Wright said in an interview.

"We got a little bit of an interruption right now to finally put an end to their ability to wreak havoc, to kill Americans, and to terrorize their neighbors."

Wright's remarks came as energy traders and drivers reacted to a sudden jump in crude oil and gasoline prices after U.S. and Israeli military operations against Iran and Tehran's moves to disrupt traffic through the Strait of Hormuz.

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READ MORE: https://www.newsmax.com/politics/chris-wright-gasoline-prices-oil/2026/03/06/id/1248599/

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