US energy chief signals Iran war could continue for several more weeks
AI Summary
US Energy Secretary Chris Wright indicated the conflict with Iran could persist for several weeks, impacting global oil and petrol prices. Wright defended the military action as necessary to eliminate Iran's threat to the Middle East and its ability to destabilize energy markets. He stated the administration aims to prevent further attacks on American soldiers and halt Iran's nuclear weapons program. Oil prices have risen, exceeding $103 per barrel, due to Iran's control over the Strait of Hormuz, a crucial passage for oil and LNG. President Trump has called on countries like China, France, Japan, South Korea, and the UK to deploy warships to ensure the Strait remains open.
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