U.S. Energy Secretary Chris Wright has warned that Iran could face tighter sanctions if it fails to reach an agreement with President Donald Trump over its nuclear programme.
In an interview with CNBC on Tuesday, Wright said, “Absolutely, I would expect very tight sanctions on Iran, and hopefully drive them to abandon their nuclear program.” The remarks come just ahead of his first diplomatic tour to the Middle East as energy chief.
Wright will begin a nearly two-week visit to three Middle Eastern countries, including Saudi Arabia — the de facto leader of OPEC. The trip is expected to focus on energy cooperation, market stability, and strategic alignment in a region undergoing geopolitical realignment.
At home, Wright also defended President Trump’s forthcoming executive order to revive the U.S. coal industry. He argued that coal is essential to power artificial intelligence data centres, as well as meet the energy needs of steel and industrial production.
“We need a growing supply of electricity to hit the AI boom and also for this re-industrializing of the United States,” Wright said. “If we want to grow America’s electricity production meaningfully over the next five or 10 years, we’ve got to stop closing coal plants.”
The energy chief also addressed Trump’s calls for the European Union to buy more American energy. “I’ve had countries in Asia, in Europe, and elsewhere reach out to express interest in buying more American energy,” he said.
On Europe’s long-term energy strategy, Wright was blunt: “As I talk to European leaders, one thing they all share is a regret that they bet their energy future on Russia. I don’t think there’s a huge desire that, when the war is over, we’re going to re-count on Russia.”
Wright’s remarks underscore a broader shift in U.S. energy policy — one that blends foreign policy leverage with a renewed push for domestic production. As tensions with Iran escalate and Europe recalibrates its energy dependence, Washington appears ready to assert itself on multiple fronts.
U.S. Treasury primary dealers want Congress to scrap the federal debt ceiling, warning in new TBAC minutes that the limit lifts borrowing costs, fuels market turmoil and could weaken the dollar’s reserve-currency standing.
Canada’s economy contracted 0.2 % in February, its first monthly decline since November, as slumps in mining, oil and gas extraction, and construction dragged overall output lower, Statistics Canada said.
Romanians vote Sunday in a rerun presidential election with far-right eurosceptic George Simion leading the polls, a potential upset that could unsettle markets and raise alarms in the EU and NATO.
Russia and North Korea have commenced the construction of a new road bridge across the Tumen River, marking a significant step in expanding their strategic partnership and enhancing bilateral trade links.
British police have charged Abdullah Sabah Albadri, 33, with preparing a terrorist act and possessing knives after he allegedly tried to breach the Israeli embassy’s grounds in west London.
U.S. Treasury primary dealers want Congress to scrap the federal debt ceiling, warning in new TBAC minutes that the limit lifts borrowing costs, fuels market turmoil and could weaken the dollar’s reserve-currency standing.
Russia and North Korea on Wednesday launched construction of a road bridge between the two countries that will span the Tumannaya river, marking strategic partnership between the two countries, Russia's prime minister said.
Canada’s economy contracted 0.2 % in February, its first monthly decline since November, as slumps in mining, oil and gas extraction, and construction dragged overall output lower, Statistics Canada said.
U.S. President Donald Trump is closing in on a minerals deal with Ukraine, part of his plan to end the war.
Romanians vote Sunday in a rerun presidential election with far-right eurosceptic George Simion leading the polls, a potential upset that could unsettle markets and raise alarms in the EU and NATO.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
For three generations, the Liebigs built railcars in Görlitz. Now, the factory that shaped their lives will produce parts for battle tanks.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
An explosion rocked a residential area in Taiyuan, Shanxi province, northern China, killing at least one person and injuring 21 others, according to state media.
U.S. Treasury primary dealers want Congress to scrap the federal debt ceiling, warning in new TBAC minutes that the limit lifts borrowing costs, fuels market turmoil and could weaken the dollar’s reserve-currency standing.
Canada’s economy contracted 0.2 % in February, its first monthly decline since November, as slumps in mining, oil and gas extraction, and construction dragged overall output lower, Statistics Canada said.
U.S. President Donald Trump is closing in on a minerals deal with Ukraine, part of his plan to end the war.
Romanians vote Sunday in a rerun presidential election with far-right eurosceptic George Simion leading the polls, a potential upset that could unsettle markets and raise alarms in the EU and NATO.
U.S. Treasury primary dealers want Congress to scrap the federal debt ceiling, warning in new TBAC minutes that the limit lifts borrowing costs, fuels market turmoil and could weaken the dollar’s reserve-currency standing.
Russia and North Korea on Wednesday launched construction of a road bridge between the two countries that will span the Tumannaya river, marking strategic partnership between the two countries, Russia's prime minister said.
Canada’s economy contracted 0.2 % in February, its first monthly decline since November, as slumps in mining, oil and gas extraction, and construction dragged overall output lower, Statistics Canada said.
U.S. President Donald Trump is closing in on a minerals deal with Ukraine, part of his plan to end the war.
Romanians vote Sunday in a rerun presidential election with far-right eurosceptic George Simion leading the polls, a potential upset that could unsettle markets and raise alarms in the EU and NATO.
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