Energy Secretary Chris Wright: U.S. 'not ready' to escort tankers through Strait of Hormuz yet
CNBC Television·2026-03-12 13:41

US plans to release 172 million uh barrels of oil from the strategic petroleum reserve in an effort to lower energy costs uh during the Iran war. Joining us now uh is energy secretary Chris Wright. Mr.. Secretary, it's good to see you. Thanks for for hanging out talking about the play. You probably were listening to some of that, but we appreciate you you joining us this morning.>> You bet. Thanks for having me, Joe. >> I'm doing some some math here and thinking about the SPR.Uh we're only at 58% right now. ...

Energy Secretary Chris Wright: U.S. 'not ready' to escort tankers through Strait of Hormuz yet - Reportify