Trump Warns of Global Energy Risks Says Iran Agreement Helped Avoid Supply Crisis

U.S. President Donald Trump said Wednesday that a prolonged disruption to global energy supplies could have created severe economic consequences, emphasizing the importance of the recently concluded framework agreement with Iran.

Speaking to reporters during the G7 Summit, Trump warned that continued instability affecting energy transportation routes would have posed significant challenges to international markets.

Trump suggested that ongoing military operations could have prolonged the closure of key maritime routes, including the Strait of Hormuz, through which a substantial share of global oil shipments passes.

According to the president, the agreement reached with Iran helped reduce the risk of a broader energy supply disruption and contributed to the reopening of critical shipping lanes. He warned that a prolonged closure could have led to significant volatility in global energy markets and economic uncertainty.