Reuters
05 Jun 2026, 23:09 UTC · 2h ago
US energy secretary says lower gas prices will ultimately take resolution with Iran

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Reuters
05 Jun 2026, 23:09 UTC · 2h ago

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U.S. Energy Secretary Chris Wright stated that lowering pump prices requires a resolution with Iran to ensure oil flow through the Strait of Hormuz. — Linking lower fuel prices to a geopolitical resolution with Iran suggests that supply-side volatility and elevated energy costs may persist until a diplomatic breakthrough occurs.
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