Wright: We have a ‘few more levers’ to lower gas prices

Energy Secretary Chris Wright said Monday the U.S. has additional policy tools available to bring down gas prices, which have risen sharply following the recent U.S. and Israeli military operations against Iran. Wright cited improving refinery efficiency as one potential lever the administration could deploy to address elevated fuel costs. His comments suggest the Trump administration is exploring options beyond typical market interventions to manage energy prices at the pump, a politically sensitive issue that affects consumer costs broadly. The remarks come as geopolitical tensions in the Middle East have created upward pressure on global oil markets, directly impacting American gas prices.