Rationalizing Terrorism
Award Season Idiocy
A Quick Bible Study Vol. 311: 'Were You There When They Crucified My...
The Slave America Act
Minnesota Elections Official Finally Admits What We All Knew About Illegals Voting
5 Sentenced for Fraud Ring That Used Shell Companies and Stolen Cards in...
Here's How the Policies of the Radical Left Set an Islamic Terrorist Loose...
Israel: Michigan Terrorist’s Brother Was Hezbollah Commander
Trump: US Has 'Beaten and Completely Decimated' Iran 'Both Militarily, Economically, and E...
There Have Been Some Crazy Developments on Virginia's Firearms Situation
By What Authority?
Know Your Enemy: Why the West Must Recover a Moral Vocabulary
Money and the Meaning of Life: From Dante to Marx to Modern America
Stranded or Planted?
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