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Energy secretary predicts energy prices may rise, hit peak in 'next few weeks'

by LJ News Opinions
April 14, 2026
in Business
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Energy Secretary Chris Wright said Monday that he expects gasoline prices to peak in the next few weeks. “We’re going to see energy prices high and maybe even rising until we get… meaningful ship traffic through the Straits of Hormuz,” Wright said during Semafor’s World Economy event in Washington, D.C. “That’ll probably hit the peak oil price…

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