Energy Secretary Chris Wright said this week that gasoline prices will fall within "weeks, not months" despite recent increases tied to escalating military operations involving Iran.

Speaking on Fox News Thursday morning, Wright acknowledged that consumers are experiencing "a transient bump up" in gasoline prices but characterized the impact as temporary. He said the price increases represent "a very small price" compared to broader geopolitical considerations in the region.

Wright attributed Iran's role in energy market volatility to decades of regional influence, stating that "Iran's been an escalator of energy prices 47 years, the whole history of their regime." His comments come as the United States and Israel have intensified military operations in the region.

The Energy Secretary's remarks address growing public concern about energy market stability amid the ongoing Middle East conflict. Gas prices have shown upward movement in recent weeks as markets react to geopolitical tensions in a region that plays a significant role in global energy supply.

Wright's prediction of a quick price decline suggests the administration expects the current energy market disruption to be short-lived, though he did not provide specific details about what factors would drive prices down or the mechanisms behind his timeline projection.