--- title: "Trump's Iran standoff deepens global energy and supply crisis" type: "News" locale: "en" url: "https://longbridge.com/en/news/286645660.md" description: "Trump's confrontational tactics have stalled negotiations with Iran, exacerbating the global energy crisis as the Strait of Hormuz remains closed. This has led to surging oil and gas prices, increased manufacturing costs, and strained supply chains. Consequently, businesses from U.S. tire plants to Asian garment factories face closures, layoffs, and reduced work hours due to rising costs and energy shortages." datetime: "2026-05-16T12:41:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286645660.md) - [en](https://longbridge.com/en/news/286645660.md) - [zh-HK](https://longbridge.com/zh-HK/news/286645660.md) --- # Trump's Iran standoff deepens global energy and supply crisis Talks hit deadlock: Trump's confrontational tactics have failed to produce a breakthrough with Iran, keeping the Strait of Hormuz closed and worsening the global energy crunch. Economic ripple effects: Oil and gas prices have surged, manufacturing costs climbed, and supply chains remain under severe strain worldwide. Jobs on the line: From U.S. tire plants to Asian garment factories, rising costs and energy shortages are forcing closures, layoffs, and reduced work hours. ### Related Stocks - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [LNGZ.US](https://longbridge.com/en/quote/LNGZ.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [UNG.US](https://longbridge.com/en/quote/UNG.US.md) - [UNL.US](https://longbridge.com/en/quote/UNL.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) ## Related News & Research - [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md) - [LIVE MARKETS-One billion barrels lost, but it could have been worse](https://longbridge.com/en/news/286239314.md) - [IEA chief Birol: commercial oil inventories depleting rapidly, only weeks left](https://longbridge.com/en/news/286746172.md) - [Oil rises more than 1% after drone attack on UAE nuclear power plant](https://longbridge.com/en/news/286683769.md)