Sunday, 9 August Cyprus Nicosia +27°
News

Wright says U.S. war with Iran could end within weeks, easing oil prices

Wright says U.S. war with Iran could end within weeks, easing oil prices
Photo: illustrative photo · Cyprus Inform

Washington, United States. U.S. Energy Secretary Chris Wright said he expects the U.S. war with Iran to end within the next few weeks. He said oil supplies would rebound and energy costs would decline afterward.


Comments on expected timeline

Wright made the remarks on Sunday in an interview on ABC’s “This Week.” He said the conflict could end sooner, but added that he expects it to conclude within weeks.

Oil supply and price outlook

Wright said that once the conflict ends, oil supplies would recover and prices would be pushed down.


What impact do you expect the conflict’s end to have on energy prices in the coming weeks?

Breaking Cyprus news on Telegram Subscribe to be the first to know about the island's key events.
Subscribe
How this material was prepared

This news item was generated automatically by Cyprus Inform from publicly available materials. Report an error →

Leave a comment

Similar newsAll news