French Foreign Ministry Spokesperson says G7 and GCC countries will hold meeting next week to discuss situation in Hormuz
The upcoming G7 and GCC meeting signifies a heightened focus on the situation in the Strait of Hormuz, a critical chokepoint for global oil logistics.
UK to convene allied military planners to discuss the Strait of Hormuz next week
Newsquawk Week in Focus - 6-10th April: Highlights include Trump's Iran deadline, US CPI, PCE, ISM Services PMI, FOMC Minutes, RBNZ and OPEC+
French Foreign Ministry Spokesperson says G7 and GCC countries will hold meeting next week to discuss situation in Hormuz
Russian President Putin held a call with Saudi Crown Prince MBS, discussed oil operations within OPEC+ alongside the Middle East situation, Russia's Kremlin says via IFX and RIA
Daily US Equity Opening News - Trump address doesn't calm markets; AMZN in talks to buy GSAT
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This could imply potential discussions around security measures or regulatory actions affecting oil supplies, impacting commodities markets and potentially instigating volatility in oil prices and associated assets.
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