US Energy Secretary Wright says the US will be taking more measures to keep gasoline prices low

The US Energy Secretary's announcement signals potential intervention in gasoline markets to manage prices, which may impact supply dynamics and inflation narratives.

Newsquawk StaffPublished 16 Apr 2026, 15:08 UTCOn the live feed at 14:48 UTC — 6 more headlines followed before this page went public

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14:55

Teva (TEVA) has reportedly won a reinstatement of USD 177mln patent case against Eli Lilly (LLY)

14:53

A US insurance programme for ships to transit the Strait of Hormuz is nearly "ready to go", but is still working out security issues, WSJ reports, citing an official; Chubb (CB) will administer the maritime reinsurance program

14:48

US Energy Secretary Wright says the US will be taking more measures to keep gasoline prices low

14:47

Lebanon's Presidency says US President Trump has committed to reaching a ceasefire

14:39

Fed's Miran (voter) says if he had to update the SEP forecast, he would pencil in 3 interest rates cuts in 2026 (prev. saw 4 cuts before Iran war); interest rates should be slightly below neutral

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Context

Such measures could support consumer sentiment but may also indicate a response to rising fuel costs, influencing broader energy and commodity pricing. Keep an eye on sector equities, particularly those linked to energy and transportation, as well as possible implications for inflation expectations.

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