G7 Meets On Iran War
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Finance and energy ministers, as well as central bank governors from the G7 nations prepare for talks on Iran.
Finance leaders from the Group of Seven economic powers are ready to take "all necessary measures" to safeguard energy market stability and limit broader economic spillovers from recent volatility,
During a meeting with G7 finance ministers, energy ministers and central bank governors, Rachel Reeves will say the G7 "should act together, not in ways that shift pressure
Starmer to convene major energy industry and insurance figures to draw up emergency plans amid continued blockade of strait of Hormuz
Energy prices around the world have soared after Iran closed the Strait of Hormuz in response to U.S.-Israeli attacks, leaving many Group of Seven and EU governments seeking ways to lessen the impact on their economies.
Reports say the US pressured France to rescind Ramaphosa’s invitation after Trump threatened to boycott the summit.
Continued uncertainty about the duration of the war is causing deep concern among G7 ministers and central bankers, who fear export bans will only exacerbate the crisis, according to officials who attended Monday’s virtual meeting.
VAUX-DE-CERNAY, France, March 27 (Reuters) - The foreign ministers of the G7 group of nations called on Friday for an immediate stop to attacks against civilians and civilian infrastructure in the Iran war.