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US Energy Secretary Says We Can Stop Iran’s Oil Exports

Business & Policy
April 11, 2025

U.S. Secretary of Energy Wright speak to the media, at the White House — U.S. Secretary of Energy Chris Wright speaks to the media, outside of the West Wing of the White House, in Washington, D.C., U.S., March 19, 2025. REUTERS/Kent Nishimura/File Photo

April 11 (Reuters) – U.S. Energy Secretary Chris Wright said on Friday that the United States could step up pressure on Iran and stop its oil exports as part of a plan to pressure Tehran over its nuclear programme.

Wright, speaking to Reuters during a visit to Abu Dhabi, said he thought the Gulf allies of the United States are extremely concerned about a nuclear-powered Iran and share the U.S. resolve that this is an outcome that is in no one’s best interest.

The U.S. official also said there will be a positive outlook for oil demand and supply in the next few years under President Donald Trump’s policies, and the concern of markets about economic growth will be proven wrong.