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Story summary
- Energy Secretary Chris Wright urged oil and gas producers to increase output amid airstrikes on Iranian infrastructure.
- Brent crude rose to $101–$103 per barrel, and U.S. gasoline near $4 per gallon.
- Industry leaders, including Chevron's CEO, cite instability as hindering predictability.
- The U.S. President Donald Trump administration pushes more production from Alaska and Venezuela, with Goldman Sachs warning prices could rise if the Strait of Hormuz remains blocked.
