Mar 15 โ€ข 22:11 UTC ๐Ÿ‡ฐ๐Ÿ‡ท Korea Hankyoreh (KR)

U.S. Energy Secretary: Cooperation Logical for Energy Dependence Including Korea's Passage Through Hormuz

U.S. Energy Secretary Chris Wright forecasts a reduction in gas prices and suggests logical cooperation among countries dependent on energy from the Hormuz Strait amid discussions for military support.

U.S. Energy Secretary Chris Wright stated on the 15th that the conflict with Iran may conclude in the coming weeks, potentially lowering U.S. gas prices to below $3 per gallon before the summer vacation season. He discussed President Donald Trump's request for five countries, including South Korea, to send naval vessels to the Strait of Hormuz and hinted at positive ongoing talks with certain nations regarding this matter. Wright emphasized that a broad coalition of countries working to reopen the strait is a logical approach, given that many nations, including South Korea, Japan, and China, rely on energy shipments that pass through this critical chokepoint.

During interviews with NBC and ABC, Wright noted that the dependence on energy commodities from the Hormuz Strait includes various Asian countries. Trump's social media remarks had urged nations affected by the potential blockade, including China, France, and several others, to send ships to safeguard these routes. When asked which countries have agreed to participate, Wright did not disclose specific names but confirmed ongoing dialogue and interest from several nations in joining the initiative. In a related phone interview, Trump also suggested that some countries have committed to contributing to this military support and views it as a good idea.

Despite the discussions around military support, Wright clarified that no immediate protection operation for merchant vessels would commence, stating that the strait is currently not safe for such activities. He pointed out that the immediate focus remains on addressing threats posed by Iran. Additionally, he highlighted that reopening the Hormuz Strait is of greater importance to China than to the U.S., signaling ongoing dialogues between the U.S. and China regarding collaborative efforts towards ensuring the security and accessibility of this vital trade route.

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