Energy Secretary Chris Wright Discusses U.S. Control Over Oil Flows in Strait of Hormuz

Energy Secretary Chris Wright stated on June 24, 2026, that the United States is capable of maintaining normal oil flows through the Strait of Hormuz, even if a broader peace agreement with Iran is not reached. Speaking at the Reuters Global Energy Summit, Wright emphasized that Iran would not be able to close the strait, which is a critical waterway for oil transport, and that the U.S. could ensure that global oil markets remain stable. He noted that approximately 20 million barrels of oil passed through the strait daily before the war, representing about one-fifth of daily global demand. Recently, oil flows have approached this level as negotiations continue. Wright also mentioned that the U.S. has successfully blocked Iranian oil shipments, reducing their exports to zero. He indicated that the U.S. military is prepared to take necessary actions to secure oil transport. Additionally, he acknowledged that while recent traffic through the strait has increased, it is still below pre-war levels, and full normalization of oil flows will require de-mining efforts in the area. Wright's comments follow remarks from President Donald Trump regarding potential U.S. control over the strait if negotiations fail.