US Energy Chief Foresees Brief Gas-Price Spike Amid Iran-Israel Strikes

US Energy Secretary Chris Wright says the current spike in energy prices linked to the Iran-Israel conflict will last weeks, not months, and that Washington will not target Iran’s energy sector. The upheaval has pushed oil and gasoline prices higher (gas around $3.41/gal in the US), but officials expect prices to ease back toward pre-crisis levels as shipping through the Strait of Hormuz resumes, framing the disruption as short-term rather than a long-term energy threat while signaling continued diplomatic and strategic actions in the region.