Iran conflict looms over G7 summit, heightening oil and inflation worries

Leaders at the G7 meeting are confronting the fallout from the war in the Middle East. The conflict has disrupted oil supplies and pushed global energy prices higher. Rising fuel costs are feeding inflationary pressures worldwide. Delegates are debating coordinated responses to stabilize markets. The specter of a broader Iran‑related confrontation adds diplomatic complexity. Participants stress the need for a unified stance to deter further escalation. Economic ministries are preparing contingency plans for supply chain shocks. Observers will watch the summit for signals on how the G7 will address the emerging crisis.