US energy secretary says we can stop Iran's oil exports

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U.S. Energy Secretary Chris Wright said on Friday that the United States could step up pressure on Iran and stop its oil exports as part of a plan to pressure Tehran over its nuclear programme. Wright, speaking to Reuters during a visit to Abu Dhabi, said he thought the Gulf allies of the United States are extremely concerned about a nuclear-powered Iran and share the U.S. resolve that this is an outcome that is in no one's best interest. The U.S. official also said there will be a positive outlook for oil demand and supply in the next few years under President Donald Trump's policies, and the concern of markets about economic growth will be proven wrong.

By Yousef Saba ABU DHABI (Reuters) - U.S. Energy Secretary Chris Wright said on Friday that the United States could step up pressure on Iran and stop its oil exports as part of a plan to pressure Tehran over its nuclear programme.

Wright, speaking to Reuters during a visit to Abu Dhabi, said he thought the Gulf allies of the United States are extremely concerned about a nuclear-powered Iran and share the U.S. resolve that this is an outcome that is in no one's best interest.



The U.S. official also said there will be a positive outlook for oil demand and supply in the next few years under President Donald Trump's policies, and the concern of markets about economic growth will be proven wrong.

(Reporting by Yousef Saba in Abu Dhabi; writing by Alex Lawler in London, editing by David Evans).