Macron Pushes Emergency G7 Energy Summit Amid Soaring Prices and Hybrid Threats

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Source: politico.eu
Macron Pushes Emergency G7 Energy Summit Amid Soaring Prices and Hybrid Threats
Photo: politico.eu
TL;DR

French President Macron said he will convene a G7 meeting in the coming weeks to address skyrocketing global energy prices, including considering releasing strategic oil stocks, as wars in Ukraine and the Middle East push costs higher. France is pursuing energy security through closer ties with oil and gas producers and is boosting protections for critical infrastructure amid rising cyber and hybrid attacks, while budget pressures limit broad subsidies and opposition critics accuse him of offering few concrete price-cutting measures.

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