Energy Secretary Chris Wright indicated that tanker traffic through the Strait of Hormuz could resume regularly within weeks. Speaking on CNN, Wright said it would take "a few weeks" at most for normal numbers of tankers to return to the strategic waterway, which handles a significant portion of global oil shipments.

Tankers have been anchored near Muscat, Oman, as tensions in the region have disrupted shipping routes. The Strait of Hormuz, a narrow passage between Iran and Oman, is critical for global energy markets since roughly 20% of the world's oil passes through this chokepoint daily. Any prolonged disruption has major implications for energy prices and supply chains.

The potential resumption of tanker traffic comes as a relief to energy markets that have been monitoring the situation closely. Wright's comments suggest the situation is stabilizing, though he did not provide specific details about what triggered the anticipated return to normal operations or what conditions must be met for shipping to resume safely.