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

Officials said several G7 leaders pressed Trump to end the war in Iran quickly and secure shipping lanes through the Strait ...

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 ...

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

There was broad agreement among the Group of Seven finance ministers ​on Monday not to release strategic oil ‌reserves just ...

The Group of Seven nations have decided against jointly releasing hundreds of millions of barrels of crude oil reserves to stanch skyrocketing prices, which have hit over $100 a barrel in what has ...

The countries of the Group of Seven (G7) leading economies have expressed their general openness to releasing emergency oil ...

A near 14% jump in oil prices due to the Iran war triggered an emergency meeting of the G7 with plans to release strategic reserves top of the agenda.