Trump does not plan to bar oil or gas exports, say Burgum and Wright

Interior Secretary Doug Burgum and Energy Secretary Chris Wright announced Thursday that the Trump administration will not restrict U.S. oil or natural gas exports, despite rising global energy prices tied to the Iran conflict. The two officials made identical statements on X clarifying the administration's position as energy markets have grown volatile and prices have climbed due to regional tensions. The statement signals the White House's commitment to allowing energy producers to operate without export limitations, a stance that could help stabilize global supplies even as geopolitical disruptions drive up costs. U.S. oil and natural gas exports represent a significant economic sector, and maintaining an open export policy aligns with the administration's broader deregulation agenda.