ABU DHABI – 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.

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