US Energy Secretary Chris Wright has indicated the ongoing conflict with Iran could extend for several more weeks, with oil and gas prices remaining elevated amid the hostilities. The warning comes as US and Israeli forces continue military operations aimed at degrading Iranian capabilities in the region.

Energy markets remain on alert as the prolonged conflict threatens supply stability across the Middle East. Wright's assessment suggests the current elevated pricing environment may persist longer than initially expected, creating uncertainty for energy-dependent businesses and consumers worldwide.

The extended timeline for military operations against Iran underscores the complex geopolitical challenges facing energy markets, with no immediate resolution in sight despite diplomatic efforts to contain the escalating tensions.