Washington, March 13 (IANS) The world is facing a “significant disruption in the short term” to secure global energy flows in the long run, US Energy Secretary Chris Wright said, defending Washington’s decision to release oil reserves amid the war involving Iran.“We’re in the midst of a significant disruption in the short term to fix the security of energy flow for the long term,” Wright said in an interview with CNN.The United States has announced plans to release about 172 million …
Latest US Energy Secretary News & Updates
Washington, March 9 (IANS) Indian refineries processing Russian crude was a “pragmatic decision” taken to stabilise global energy markets and speed up supplies in Asia, US Energy Secretary Chris Wright said. Speaking on Fox News on Sunday (local time), Wright said the policy does not represent any shift in Washington’s sanctions stance toward Moscow but reflects the realities of oil supply chains in Asia amid geopolitical disruption.”Russia’s oil remains sanctioned. There’s no change in policy t…