Key Highlights:
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U.S. Energy Secretary suggests possible halt of Iranian oil exports
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Trump administration aims to reimpose strict sanctions
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China remains Iran’s top oil buyer despite sanctions
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Oil market outlook appears positive under Trump’s policies
U.S. Considers Blocking Iranian Oil Exports to Reinforce Nuclear Pressure
In a statement on Friday, U.S. Energy Secretary Chris Wright said the United States could halt Iranian oil exports as part of former President Donald Trump’s renewed pressure campaign on Iran regarding its nuclear program.
Speaking to Reuters during a visit to Abu Dhabi, Wright stressed that U.S. allies in the Gulf are “deeply concerned” about a nuclear-capable Iran and share Washington’s commitment to preventing such an outcome.
Iranian Oil Exports Recover Under Biden — But for How Long?
Under President Joe Biden, Iranian oil exports have seen a notable recovery. So far in 2025, there has been no significant decline in exports, according to industry data. China, which opposes unilateral sanctions, continues to purchase the majority of Iranian oil shipments.
When asked how the U.S. could reinstate Trump’s "maximum pressure" policy, Wright responded,
“It’s absolutely doable. President Trump did it in his first term... We can track the ships leaving Iran. We know where they go. We can stop Iranian oil exports.”
U.S. Tightens Grip on Iran Amid Nuclear Tensions
While Wright refrained from revealing exact tactics, he hinted that the U.S. could significantly tighten its hold on Iran’s oil trade. When asked if the U.S. would intercept Iranian ships, he replied:
“Can we tighten the grip 100%? Yes.”
Meanwhile, Iran stated on Friday that it was giving nuclear negotiations with the U.S. a “serious chance,” following Trump’s recent threats of military action if talks fail.
Oil Market Outlook Positive Under Trump, Says Wright
Looking ahead, Wright projected a positive outlook for oil demand and supply over the coming years under Trump-era policies. He also dismissed current market fears about slowing global growth, stating that such concerns are likely to be unfounded.
