Washington, United States, March 23, 2026 (AFP) - US energy chief calls oil market disruptions 'temporary'

NAMPA / AFP

2026-03-23

US Energy Secretary Chris Wright said Monday that oil market disruptions are "temporary," as costs surge on the back of war in the Middle East. "Prices have not risen high enough yet to drive meaningful demand destruction," he said at the annual CERAWeek conference in Houston. He added that Washington has taken "pragmatic solutions" to allow sanctioned oil already floating on the water to enter the market, stressing that "these are mitigants of a......

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