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Wright on Meet the Press: Gas Prices Will Fall After Iran Conflict, Expected to Last Four to Six Weeks

March 15, 2026 · U.S. Department of Energy · 0:13:03

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

Energy Secretary Chris Wright joined Meet the Press, where the host noted the national average gasoline price was up 24 percent and diesel up 32 percent since the war began. Wright said prices would start to come back down after the conflict is over, and argued Iran’s move to impede flow through the Strait of Hormuz and attack uninvolved neighbors illustrates why the regime had to be defanged, calling Iran the greatest supporter of terrorism in the world and the greatest killer of American soldiers over the last 20 years.

Wright said the President did not want to kick the problem to the next administration and that the world cannot accept a nuclear-armed Iran. He said the short-term disruption would last a few more weeks, and that the President had early on expected four to six weeks would be needed to completely defang Iran’s military capabilities. He said the end state would remove the greatest risk to global energy supplies and produce a world of more abundant, more affordable energy.

Asked about President Trump’s comments on peace negotiations and Ukrainian President Zelenskyy, Wright said his own engagements had been on the Ukrainian side, described Ukrainians as hard-fighting patriots defending their nation, and said the administration had worked with them to keep their country energized under Russian attacks, while the President’s agenda is to bring the war to an end.

Why it matters

Wright’s four-to-six-week framing is the administration’s most specific public timeline for the Iran conflict’s energy disruption, and his price pledge gives a clear benchmark: pump prices falling once the conflict ends.

Sources: U.S. Department of Energy, “Secretary Wright Joins NBC’s Meet the Press - March 15, 2026”, 2026-03-15 (official upload, embedded above; published 2026-03-15). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.