Tankers to resume normal movement in Middle East in ‘a few weeks’ at worst, Energy sec says, ending oil surge
The price of oil shot up amid the Trump administration's targeting of Iran due to a "fear premium in the marketplace," but Iran-forced oil inflation is "finally going to come to an end," according to Energy Secretary Chris Wright, when vessels resume normal movement."We're not too long away, I think, before you will see more regular resumption of ship traffic through the Straits of Hormuz," Wright told CNN's "State of […]