U.S.-Iran war drives emergency global energy response

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The G7 agreement follows escalating tensions between the United States and Iran, including additional U.S. military deployments to the Middle East and new American sanctions targeting Iran’s automotive, rail and overseas supply networks. Oil prices have remained elevated, while European governments have pledged to avoid energy-export restrictions and release emergency supplies. The conflict’s military trajectory and its effects on shipping through the Strait of Hormuz remain the central immediate risks for global security and energy markets.

Sources: The Straits Times, Reuters, Arab News, United Nations News