Original Source
US Energy Secretary: Iran War to Last Weeks, Then Oil Prices Drop
Iran War Prolongation and Oil Price Outlook
US Energy Secretary Wright indicated that the war, in which the United States and Israel aim to destroy Iran's military capabilities, could continue for several more weeks. During this period, oil and gasoline prices are expected to remain high. On the 15th, Secretary Wright defended the Trump administration's stance in US television interviews, arguing that the public must endure short-term pain from high fuel prices for the larger goal of eliminating Iran.
Post-War Oil Price Decline and International Cooperation Request
Secretary Wright predicted that the conflict would definitively conclude within the coming weeks, possibly even sooner. He added that after the war, crude oil supply would recover, pushing prices down. Last weekend, Brent crude closed above $103 per barrel. Meanwhile, President Trump on the 14th called on allies including Japan, China, South Korea, the UK, and France to dispatch vessels to ensure the security of the Strait of Hormuz. Secretary Wright stated that discussions were ongoing with the nations mentioned by President Trump, though he did not disclose specifics.
*Source: Yahoo!ニュース (2026-03-15)*
