US Energy Secretary Warns of Oil Price Surge Until Shipping Resumes in Strait of Hormuz
A cargo ship sits at anchor in the Gulf of Oman, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governorate, in the United Arab Emirates on March 11, 2026. Stringer/Reuters Energy Secretary Chris Wright warned of a surge in the price of oil and energy over