This GOP Rep Reveals Who She Thinks Is the Biggest Obstacle to Save...
Other Shoe Drops: We Know Why Sen. Ruben Gallego Has Been So Nervous...
Politico Had Swalwell Dead to Rights in 2019. What Happened?
More Details About the Justin Fairfax Murder-Suicide Incident Have Dropped
Watch Scott Jennings Wreck This NYT Reporter's Talking Points on Iran With One...
There Was a Heavy Police Presence for a Reported Shooting Near a Top...
President Trump Was Asked About Iran's Plan to Execute More Protesters, and His...
President Trump Announces the Strait of Hormuz Is Fully Open Amid Lebanon Ceasefire,...
Sean Duffy Announces the DOT Has Pulled $73M in Funding After New York...
Wisconsin's Secretary of State Has a Meltdown Over Hail in Her Front Yard
Scott Jennings Says Pope Leo Could Have a Historic Path to Peace
Gavin Newsom Published a Book, and Guess Where the Majority of Its Sales...
Georgia Lt. Governor Race Heats Up With Hardline Campaign Messaging on Immigration, Radica...
Hideous Monsters
Criminals Are Stealing Billions From America’s Seniors. AARP Is Fighting Back.
Tipsheet

Energy Secretary Chris Wright Says U.S. Acting to Offset Temporary Oil Price Spike Amid Iran Conflict

Energy Secretary Chris Wright Says U.S. Acting to Offset Temporary Oil Price Spike Amid Iran Conflict
AP Photo/Petros Giannakouris

U.S. Energy Secretary Chris Wright said that the nation is working to mitigate a temporary increase in the price of oil.

The nation has sent warships to protect oil tankers traveling through the Strait of Hormuz after Iran threatened to attack those ships. 

Advertisement

The International Energy Industry has released 400 million barrels of emergency oil reserve to mitigate oil disruptions from the Iran conflict. 

Advertisement

President Donald Trump announced this weekend that the U.S. Navy will deploy warships to the Strait of Hormuz to protect the flow of oil. Trump said that other countries will also send warships. 

The U.S. "obliterated every" military target on the Iranian island of Kharg but left the oil infrastructure as a bargaining chip in case Iran attacks oil tankers traveling through the Strait of Hormuz, Trump said on Friday. 

Advertisement


Editor's Note: For decades, former presidents have been all talk and no action. Now, Donald Trump is eliminating the threat from Iran once and for all. 

Help us report the truth about the Trump administration’s decisive actions to keep Americans safe and bring peace to the world. Join Townhall VIP and use promo code FIGHT to get 60% off your VIP membership.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement