US hosts G20 energy talks in Houston as Iran conflict rattles fuel markets
The G20 energy meetings began in Houston, Texas, with officials promoting "energy abundance" despite the disruption to global fuel markets caused by the United States' war with Iran. Both outlets note the talks run through September 16 and focus on mitigating the shock to oil supplies.
First reported 1 day ago · latest update 1 day ago
HOUSTON – The United States on Sept 14 kicks off a set of Group of 20 (G-20) meetings touting “energy abundance”, even as President Donald Trump’s war against Iran continues to disrupt global fuel markets.
The discussions are slated to run through Sept 16 in Houston, in the oil-rich US state of Texas.
The meetings gather delegations from the world’s largest economies – including China, India, Japan and Germany – with major oil producers set to attend, such as Canada and Saudi Arabia.
Russian diplomats indicated on Sept 12 that Moscow would also send some officials.
The unexpected presence of Russian Finance Minister Anton Siluanov caused a stir at a previous G-20 meeting two weeks ago.
Ukraine’s European allies expressed disappointment in the US decision to invite Russia, which ran against efforts to exclude Moscow over the war on its neighbor.
The Houston meetings come as oil and gas prices surge over the Middle East war, with Europe struggling to fill its gas storage facilities ahead of winter.
One of Washington’s stated priorities as G-20 host is to expand access to affordable, reliable and secure energy, but supply has been dramatically impacted since the US and Israel attacked Iran in February.
Prices at the pump have skyrocketed in the United States, where the price of a gallon of diesel has hit a record high, and now runs an average US$6.20, according to the American Automobile Association.
Regular gasoline is also 44 per cent more expensive than it was before the war.
The unpopular war and its consequences have Trump’s Republican Party fearing a defeat in the November midterm elections.
The US president has accused Iran of extending the conflict to hurt him politically, claiming recently that the war would end “immediately” after the election.
Trump also accused Ukrainian President Volodymyr Zelensky of causing a diesel shortage with strikes on Russian refineries.
US Energy Secretary Chris Wright, a key player in Washington’s energy dealings with Venezuela, and Interior Secretary Doug Burgum are expected to attend the meetings in Houston. AFP
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US hosts G20 ‘energy abundance’ talks amid Iran war shock
The discussions are slated to run through Sept 16 in Houston.
1 day agoUS hosts G20 energy talks in Texas as Iran war disrupts global fuel markets
The United States begins G20 meetings in Houston on Monday promoting “energy abundance,” as President Donald Trump’s war against Iran disrupts global fuel markets. Delegations from major economies, including China, India, Japan and Germany, will attend alongside oil producers Canada and Saudi Arabia. Russia is also expected to participate.
1 day ago · FRANCE 24