Energy Secretary Says ‘No Guarantees’ Oil Prices Will Fall Soon

Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tanker passage. Iran has been firing projectiles and laying mines.

By Edward Wong · The New York Times – World

Energy Secretary Chris Wright said the Strait of Hormuz, a critical passageway for oil shipments, remained unsafe for tanker passage. Iran has been firing projectiles and laying mines.