Last Updated on March 9, 2026 9:38 pm by INDIAN AWAAZ
AMN/ WEB DESK
The Group of Seven (G7) nations will hold an emergency meeting today to discuss surging oil prices as crude jumped above 100 US Dollar a barrel amid escalating US-Israeli war with Iran.
Finance ministers from leading industrialised countries, including UK Chancellor Rachel Reeves, will gather to discuss the economic impact of the conflict.
Global oil prices today hit nearly 120 US Dollar per barrel intra-day over fears of a prolonged disruption to energy supplies through the key Strait of Hormuz shipping route.
G7 is a group of leading industrialised countries, including Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States – plus the European Union.