Story perspectives
Macron Leads G7 Amid Rising Oil Prices and Iran Crisis
3/11/2026
1 of 1
Story summary
- French President Emmanuel Macron will lead a Group of Seven (G7) call on March 11 about the Iran crisis.
- Oil prices rose due to US-Israeli conflict in Iran.
- G7 energy ministers did not agree to release strategic oil reserves.
- They asked the International Energy Agency for an assessment.
- Oil prices peaked on March 9 and fell 11% after U.S. President Donald Trump suggested an end to the conflict.
