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US Energy Secretary: No Readiness to Escort Tankers in the Strait of Hormuz

Published March 12, 2026, 14:11
US Energy Secretary: No Readiness to Escort Tankers in the Strait of Hormuz

US Energy Secretary Chris Wright stated that the US military is “not ready” to escort tankers through the Strait of Hormuz, a critical chokepoint for global oil trade. He explained that US military forces are focused on destroying Iran’s offensive capabilities, but tanker escorts could begin “by the end of the month.” Mr. Wright expressed his view that it is unlikely global oil prices will reach $200 a barrel, despite tankers remaining stalled in the Strait of Hormuz due to tensions in the region. He emphasized that the US is focused on the military operation and resolving the problem. These statements come after warnings from Iranian officials that oil prices could skyrocket if the conflict escalates. The situation remains unstable and the international community is closely monitoring developments.