WATCH: Trump's Energy chief reveals what escalating Iran tensions could mean for gas prices

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Energy Secretary Chris Wright says there shouldn't be a sharp increase in gas prices despite tensions with Iran, crediting the U.S. military with helping keep oil flowing through the Strait of Hormuz. (Credit: Nicholas Ballasy for Fox News Digital) Energy Secretary Chris Wright is telling Americans not to be concerned about the possibility of another surge of sharp increases in gasoline prices as tensions with Iran have started to escalate once again. Asked whether Americans should worry about higher prices at the pump and how the Trump administration is preparing to keep the economy stable if the conflict continues to worsen, Wright told Fox News Digital: "It has not been any good behavior from Iran that's allowed oil to flow. It's been the United States military." "That's not changing," he assured, speaking from the Great American State Fair on the