Energy Secretary Chris Wright says Trump was “well aware of the risks to energy flows” before launching Iran war

October 4, 2026 / 1:47 PM EDT / CBS News

Washington — Energy Secretary Chris Wright said Sunday that President Trump was "well aware of the risks to energy flows" before launching the war in Iran earlier this year, but argued "the world cannot sustain a nuclear-armed Iran."

"He knew it was going to elevate energy prices in the short run, he said, 'I'm going to take a hit there, but I got to do the right thing,'" Wright said on "Face the Nation with Margaret Brennan."

Americans have been feeling the financial squeeze of soaring gas and diesel prices in recent months. But the Trump administration has pointed to the potential threat a nuclear-armed Iran could pose, and how it could represent a long-term threat to energy prices. Wright defended the president on Sunday, arguing that Mr. Trump has taken a "strong stand that Iran, the world's greatest terrorist regime, cannot and will not have nuclear weapons."

Wright expressed confidence that prices will fall, pointing to increasing supplies coming out of the Strait of Hormuz, U.S. gasoline production, the summer driving season slowing, among other factors. Asked whether he expects prices to go down over the next four weeks…

Original source: https://www.cbsnews.com/entertainment/