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G20 Texas Highlights Energy Growth
The United States hosted G20 meetings in Houston from September 14 to 16, 2026, focusing on the concept of "energy abundance" amid escalating Middle East conflicts that are impacting global oil markets. Delegates from the world's largest economies, including China, India, Japan, and Germany, participated in the discussions, along with major oil producers such as Saudi Arabia and Canada. Russia announced that it would send some officials following controversy over its invitation to join. These meetings come at a time of sharp increases in oil and gas prices, with diesel reaching a record high of $6.20 per gallon and gasoline prices rising by 44% since the start of the war. Washington is seeking to expand access to affordable and reliable energy, despite significant supply disruptions caused by regional escalation in the Middle East.
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