US Energy Secretary Chris Wright stated that if sanctions on Iranian oil are lifted, shipments could begin reaching Asian markets within three to four days. He made the remarks in an interview with Fox Business Network, noting that rapid supply resumption could help stabilize global oil prices.

The statement comes amid volatility in global oil markets driven by tensions around the Strait of Hormuz. The United States is reportedly considering various policy options to manage the situation. Earlier, US Treasury Secretary Scott Bessent indicated that sanctions on Iranian oil stored in tankers at sea might soon be lifted.

Experts cited in the report believe that easing sanctions would allow Iranian oil to flow quickly into global markets, potentially increasing supply and reducing price pressure.