U.S. President Donald Trump convened with top oil executives in a closed-door meeting on Tuesday, as the stalemate with Iran continues to weigh on global energy markets.
The discussion reportedly focused on contingency planning for potential supply shocks, though no immediate policy changes were announced.
The meeting follows weeks of heightened diplomatic tensions and speculation about possible military or economic actions against Iran.
Energy prices have remained volatile in recent weeks, with Brent crude hovering near key resistance levels over the situation in the Persian Gulf.
Analysts suggest that any escalation in the U.S.-Iran standoff could further strain global oil flows, particularly through the Strait of Hormuz, a critical chokepoint for global energy exports.
The ongoing geopolitical tensions have underscored the fragility of the current global energy supply chain.