US energy secretary says we can stop Iran s oil exports



ABU DHABI (Reuters) - U.S. Energy Secretary Chris Wright said on Friday that the United States could stop Iran's oil exports as part of President Donald Trump's plan to pressure Tehran over its nuclear programme.

The January return to the White House of Trump, who in his first term withdrew the U.S. from a 2015 nuclear accord with Tehran and clamped down on its oil exports, has again brought a tougher approach to the Middle Eastern power over its nuclear work.

Wright, speaking to Reuters on a visit to Abu Dhabi, said he thought the Gulf allies of the United States were extremely concerned about a nuclear-powered Iran and shared the U.S. resolve that this is an outcome that is in no one's best interest.

Iranian oil exports recovered under Joe Biden, who became president after Trump's first term, and so far in 2025 have yet to show a decline, according to industry data. China, which opposes unilateral sanctions, buys the bulk of Iran's shipments.

"That's actually very doable. President Trump actually did it in the first term," Wright said when asked how the United States can enforce its maximum pressure policy on Tehran. "We can follow the ships leaving Iran. We know where they go. We can stop Iran's export of oil."

Asked if the U.S. would directly stop Iranian ships at sea, he said, "I'm not going to talk about the specific methodology of how that’s going to happen. But can we turn the screws on Iran? 100%."

Iran said on Friday that it was giving high-level nuclear talks with the United States on Saturday "a genuine chance" after Trump threatened bombing if discussions failed.

Asked if military action against Iran would lead to regime change, he said he would not talk specifics but "everything is on the table."

"In the short run, because of the strength of American energy production and our relations with our allies, we're going to tighten the sanctions and tighten the ability for Iran to export oil. You start economic, you start with negotiations, we hope that's enough. But the end of the day is, no nuclear armed Iran."

OIL PRICES

Wright also predicted that there would be a positive outlook for oil demand and supply in the next few years under Trump's policies, and the concern of markets about economic growth will be proven wrong.

Comfortable oil price levels are "not meaningfully different from where we are today," he said.

"But of course industry's got to be profitable to drive growth. And I think that's going to come from a combination of structural impediments that are removed by the Trump administration and innovation by the industry."

There was "no direct coordination" between the U.S. and the OPEC+ producer group about its decision to boost supply "but we have very close relationships with our key allies" in the Gulf, Wright said, adding he believed they share the Trump administration's view that "the world needs more energy."

Trump, days after taking office, publicly called on the Organization of the Petroleum Exporting Countries (OPEC) and its de facto leader Saudi Arabia to reduce oil prices. OPEC and allies including Russia comprise the wider OPEC+ group. Its supply boost deepened an oil price plunge triggered by Trump's sweeping tariffs announcement last week.

Wright will fly to Saudi Arabia for his next stop of a Middle East tour that is his first trip abroad in his role, followed by a visit to Qatar.

China will likely have slower oil demand growth over the next few years, he said when asked about the impact of Trump's tariff policies, but said demand growth would come from places like South Asia and Latin America.



(Reporting by Yousef Saba in Abu Dhabi; Writing by Yousef Saba and Alex Lawler in London; Editing by David Evans, Mark Porter, William Maclean)