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The prices of fuel and gas in France were fired. The concern led President Emmanuel Macron to convene a meeting of the G7, whose presidency this year France exercises, to strengthen energy cooperation and to consider a possible coordinated release of strategic oil reserves. The tension over the US-Iran war and the blockade of the Ormuz Strait has increased prices and made it difficult for oil and liquefied natural gas to pass around the world.
The prices of fuel and gas in France were fired. The concern led President Emmanuel Macron to convene a meeting of the G7, whose presidency this year France exercises, to strengthen energy cooperation and to consider a possible coordinated release of strategic oil reserves. The tension over the US-Iran war and the blockade of the Ormuz Strait has increased prices and made it difficult for oil and liquefied natural gas to pass around the world.
