G7 reaffirms determination to continue sanctions against Russia and agreed to establish coordination between G7 and Gulf countries to deal with economic consequences of the Middle East war
Importance
Level 1
- G7 countries all called on the need to avoid export restriction measures.
- Leaders agreed to coordinate to prepare a restoration of freedom of navigation in the Gulf. And says work is being done on exploring the possibility of escorting ships when the right security conditions are in place.
#UNITED STATES#CANADA#FRANCE#GERMANY#ITALY#JAPAN#UNITED KINGDOM#ASIA#EUROPE#GEOPOLITICAL#IMPORTANT#METALS#US SESSION#G7#COMMODITIES#GOLD#METALS & MINING#MATERIALS (GROUP)#GLOBAL NEWS