US holds G20 energy meeting in Houston amid Iran conflict

The United States opened the G20 summit in Houston on Monday, framing the gathering around a pledge of “energy abundance” as geopolitical tensions threaten global fuel supplies. President Donald Trump’s ongoing military campaign against Iran has heightened uncertainty in oil markets, prompting the host nation to emphasize coordinated action to stabilize prices and ensure uninterrupted energy flows.

Delegations from the world’s leading economies—including China, India, Japan, Germany, and the European Union—joined representatives of major oil exporters such as Canada, Saudi Arabia, and the anticipated presence of Russia. Officials are expected to discuss supply‑chain resilience, investment in alternative energy sources, and mechanisms to mitigate the market disruptions linked to the Iran conflict, aiming to reaffirm the G20’s role in fostering international economic stability.