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G7 Leaders Push for Middle East Peace Amid Energy Concerns

6/19/2025

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Story summary
  • G7 leaders call for resolution between Israel and Iran, stressing the need for energy market vigilance.
  • They advocate for broader de-escalation in the Middle East, including a ceasefire in Gaza.
  • Iran's gas production at South Pars is partially halted due to an Israeli strike, yet oil flows remain stable.
  • U.S. President Trump urges immediate talks with Iran, differing from French President Macron's ceasefire approach.
  • The International Energy Agency revises global oil demand down while raising supply forecasts.