G20 Foreign Ministers Discuss Energy, Supply Chains and Tensions at Hormuz and Bab al-Mandab

G20 foreign ministers met in Atlanta to discuss energy and supply chains amid tensions along key shipping routes.

G20 foreign ministers met in Atlanta, Georgia, on October 30 and 31, 2026, according to a statement from the U.S. Department of State's Office of the Spokesman. The U.S. Presidency of the group aims to return the G20 to its core mission: addressing global economic challenges and proposing solutions that improve citizens' lives.

During the meeting, ministers held frank discussions on energy security, supply chain resilience and geopolitical tensions, including those affecting the Straits of Hormuz and Bab al-Mandab. The document states that any increase in the price of gasoline, natural gas or electricity is felt by everyone, and that no country can prosper without energy.

In that vein, the statement argues that access to energy is not enough: it must also be abundant and affordable. It warns that misguided policies in one region have limited energy access in another, while global demand keeps rising due to population growth, industrialization and digitalization.

On supply chains, the text highlights basic materials such as fertilizer, essential for food production, and critical minerals, vital for energy security and emerging technologies. According to the document, G20 members should improve the resilience of these supply chains.

Finally, the statement acknowledges that civil nuclear energy, including small modular reactors, can help meet growing global electricity demand, although not every country may want it in its energy mix. It stresses that each nation is entitled to make its own sovereign decisions about its energy sources.