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Fri · 18 Sep 2026

Macron Calls G7 Energy Emergency Summit Amid Gulf Crisis

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Macron Calls G7 Energy Emergency Summit Amid Gulf Crisis

🇪🇺 G7 — A summit "in coming weeks" means no coordinated response exists yet. 📌 LOOK CLOSER: With EU pump prices at historic records across all four major economies and Brent above $105, G7 convening signals collective political pain, not a solution. "Coming weeks" is the tell — no mechanism is ready. SPR releases, price caps, or demand-side measures each require US-EU alignment that doesn't currently exist on energy or Iran.

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