US Energy Secretary Chris Wright: It will take ‘many months’ to get back to normal after this energy crisis

(Katherine Golden – Atlantic Council) The United States and Iran still haven’t agreed to a deal that reopens the Strait of Hormuz. But according to US Energy Secretary Chris Wright, shipping traffic is already “rising very meaningfully.”. Wright spoke Tuesday at the tenth annual Global Energy Forum in Washington, DC, telling the audience that while traffic is rising, it “takes some time” to reestablish normal levels. “Ships have been redirected, some supply chains have shifted,” he said. “So I think it’s many months to get back to normal flows of energy.”. But despite the global disruption, Wright said that “the price” of this crisis “will be wildly worth paying,” if it means that Iran eventually ceases to be “a constant threat to its neighbors, to peace and stability, to investment in the region, and to the flow of energy.” – US Energy Secretary Chris Wright: It will take ‘many months’ to get back to normal after this energy crisis – Atlantic Council