NEW: U.S. Energy Secretary Chris Wright says the Trump administration is open to suspending the federal gas tax to help lower fuel prices for Americans.
Wright: May Resume Military Action
Chris Wright: "We did stop Project Freedom at Iran's request. They said, 'Let's make a deal.' If it's clear in the next few days that there's not a good path to a negotiated settlement, we'll go back to the military method to open the strait."
US Expects Iran Response to Proposal
U.S. Energy Secretary Chris Wright says Washington expects to receive Tehran's response to the latest American proposal "soon," adding that economic pressure on the Islamic Republic's leadership is mounting.
Energy Sec: Russia Oil Sanctions Waiver Unlikely Renewed
The sanctions waiver for Russian oil is unlikely to be renewed, according to Energy Sec. Wright.
Wright on Strait of Hormuz Reopening
FOX BUSINESS: Can we reopen the Strait of Hormuz to the free flow of energy in 5 days?
CHRIS WRIGHT: That could happen if a peace agreement is reached, but the military effort has just gone swimmingly well
Energy Sec Wright on Ending Iran Issue
Energy Secretary Wright: “Must end the Iran issue; can't kick the can to the next US Administration.”
Wright Links Oil Prices to Iran War
US Energy Secretary Wright:
“Oil prices would go down if the Iran war ends in 5 days.”