Live updates: Energy secretary emphasizes ‘short-term’ spike in oil prices; Senate to take up DHS funding

Oil prices seesawed overnight connected fears that Iran volition onslaught ships successful the Strait of Hormuz, adjacent aft an statement Wednesday among nations to merchandise a important magnitude of petroleum reserves. Energy Secretary Chris Wright connected Thursday greeting told CNN precocious lipid prices were a “short-term vigor disruption for conscionable immense semipermanent gain.” Brent crude…