Secretary of Energy Chris Wright made the rounds of US media on Sunday — and users on the social media platform X were not impressed with what he had to say.SpeakingSecretary of Energy Chris Wright made the rounds of US media on Sunday — and users on the social media platform X were not impressed with what he had to say.Speaking

'Americans need clarity': Trump energy secretary slammed for Iran war comments

2026/03/16 01:13
3 min read
For feedback or concerns regarding this content, please contact us at [email protected]

Secretary of Energy Chris Wright made the rounds of US media on Sunday — and users on the social media platform X were not impressed with what he had to say.

Speaking with ABC News’ Martha Raddatz on “This Week,” Wright said that he believes the war in Iran “will certainly come to an end in the next few weeks. Could be sooner than that, but the conflict will come to the end in the next few weeks.”

He also predicted that gas prices would decline once the war concludes.

“We’ll see a rebound in supplies and a pushing down of prices after that,” Wright predicted, adding he is “very aware” of a “short-term disruption” occurring.

“Look, you never know exactly the time frame of this, but, in the worst case, this is a weeks, this is not a months thing,” Wright told CNN.

Similarly, speaking to Kristen Welker of NBC News’ “Meet the Press,” Welker asked Wright if Americans should brace for the price of oil to exceed $200 per barrel.

“Iran calls us the 'great Satan,'” Wright replied. “I don't think we are the great Satan. We're not.”

Welker asked, “That's a no?”

Wright told Welker, “I would pay no attention to what Iran says, but…”

“Dodging by dismissing foreign rhetoric dodges the point,” posted an X user called Hosky.Watcher. “Whether you tune out Iran or not, Americans need clarity on price risk and government plans to protect households if oil spikes. This matters beyond talking points.”

A user called FankachCrypto seemed confused by the implications of Wright’s statements, asking “Wright optimistic—Iran scrap wraps in weeks. Oil steady, markets exhale. De-escalate or bluff?

Less confident, a user called George Lewis observed to NBC News that he cannot “envision the slightest reality associated with his rhetoric. Therefore, for the sake of all of those who are actually risking their lives for this hyperbolic BS. I say ‘God’ be with you. Thank you”

Tim McCormack, commenting on the Wright interviews, observed that the energy secretary “fails to mention Iran has not attacked any country in the last 200 years, and not executed any coups. He also fails to state the number executed by the US and Israel. Hmmmm.....”

Perhaps the consensus was summed up by someone known as orangbiasa, who tweeted that “US Energy Secretary Wright says the Iran conflict will end in the ‘next few weeks,’ with oil supplies rebounding and energy prices falling once the war concludes, per ABC News. This likely won’t be enough to calm oil markets.”

  • george conway
  • noam chomsky
  • civil war
  • Kayleigh mcenany
  • Melania trump
  • drudge report
  • paul krugman
  • Lindsey graham
  • Lincoln project
  • al franken bill maher
  • People of praise
  • Ivanka trump
  • eric trump
Market Opportunity
Notcoin Logo
Notcoin Price(NOT)
$0.0004057
$0.0004057$0.0004057
+2.55%
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month

Climbing to the top of the meme coin charts takes more than a viral mascot or celebrity tweets. Hype may spark attention, but only momentum, utility, and adaptability keep it alive. That’s why the latest debate among crypto enthusiasts is catching attention. While Dogecoin remains a household name, a new player has entered the arena […] The post New Crypto Investors Are Backing Layer Brett Over Dogecoin After Topping The Meme Coin Charts This Month appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/09/18 00:30
XRP Price Prediction 2026: Pepeto’s Presale Math Overshadows XRP and Solana as Wall Street Pushes $540 Million Into SOL ETFs

XRP Price Prediction 2026: Pepeto’s Presale Math Overshadows XRP and Solana as Wall Street Pushes $540 Million Into SOL ETFs

Goldman Sachs, Morgan Stanley, and Citadel collectively poured over $540 million into U.S. spot Solana ETFs in a single quarter. When the most conservative names
Share
Techbullion2026/03/16 05:37