G7 Leaders To Meet Urgently To Tackle Fuel Prices

G7 Leaders To Meet Urgently To Tackle Fuel Prices

Surging oil and gas prices, triggered by the Middle East conflict and Iran's closure of the Strait of Hormuz, have prompted an emergency G7 meeting. The bloc is discussing releasing strategic reserves to stabilize global energy supplies. Trump also emphasized that the crisis can only ease once the nuclear threat in the region is addressed.