Oil prices surged above $100 per barrel as the critical Strait of Hormuz remains closed due to threats from Iran.

Foreign Minister Cho Hyun will travel to France next week to attend the foreign ministerial meeting of the Group of Seven (G7) advanced countries, the foreign ministry said Tuesday. Cho will make a ...

The G7 countries meeting on Monday to discuss measures to curtail the oil supply shock from the ongoing war in Iran have not agreed to release emergency crude volumes held in International Energy ...

G7 discusses the possibility of coordinated release of oil reserves in the wake of soaring oil prices due to the joint US and Israel strike on Iran ...

G7 finance ministers and central bank governors are set to convene for a key meeting as diplomatic tensions escalate over the ...

Broad agreement in G7 not to release oil reserves just yet, says G7 official There was broad agreement among the Group of ...

Energy ministers of the Group of Seven (G7) on Wednesday affirmed their readiness to take 'all necessary measures' regarding oil reserves, hours before a me ...

Ermotti’s remuneration remains a politically sensitive topic in Switzerland, as lawmakers continue to revise the country’s banking rules following the 2023 collapse of Credit Suisse, which UBS ...

The group of Western powers, which have remained cautious about the war in Iran waged by Israel and the US, met on Wednesday to try to minimize the conflict's impact on the global economy.

Energy ministers of the G7 said on Wednesday they stood ready to take "all necessary measures" in coordination with the ...