French President Emmanuel Macron told reporters that a gathering of the Group of Seven will be organised in the next few weeks to coordinate member states' responses to the energy shortage triggered by the war involving Iran. The announcement, reported by Middle East Eye, indicated that the summit will concentrate on aligning strategic petroleum stockpile levels, enhancing cooperation on oil exports and production capacity, and evaluating possible releases from strategic reserves.
Macron emphasized that the purpose of the meeting is to deepen collaboration among the G7 and to prevent any escalation of tensions with key external partners. He underscored the need for a unified approach to safeguard global energy markets while avoiding actions that could destabilise the broader geopolitical environment.
In parallel, the French government said it is actively engaged in diplomatic efforts aimed at restoring the free flow of shipping through the Strait of Hormuz. Paris is seeking to facilitate a peaceful reopening of the narrow waterway, which is a critical chokepoint for the world’s oil supply and has been disrupted by the ongoing hostilities in the region.
The proposed G7 session will bring together leaders from the United States, Canada, the United Kingdom, Germany, Italy, Japan and the European Union to discuss coordinated measures, including the potential sharing of strategic reserves and joint monitoring of market developments. The agenda is expected to address both short‑term supply concerns and longer‑term strategies for energy security.
Macron’s initiative reflects growing apprehension among Western capitals about the ripple effects of the Iran conflict on global energy stability. By convening the G7 and pursuing diplomatic channels to reopen Hormuz, France aims to mitigate supply shocks and maintain orderly market conditions while reinforcing multilateral cooperation.
Reporting attribution: based on reporting by Middle East Eye — original source: https://www.middleeasteye.net/live-blog/live-blog-update/macron-convene-g7-over-energy-crisis-says-france-working-reopen-hormuz.