Headlines
G7 Ready to Act to Protect Global Energy Supplies, Backs Hormuz Strait Security
Published by Global Banking & Finance Review®
Posted on March 21, 2026
1 min readLast updated: March 21, 2026
Quick Summary
G7 foreign ministers, meeting in Paris on March 21, 2026, pledged readiness to take all necessary measures to ensure global energy supplies and secure maritime routes including the Strait of Hormuz, condemning recent attacks by Iran and proxies.
G7 Commits to Protect Global Energy Supplies and Hormuz Strait Security
G7 Foreign Ministers Address Energy Security and Maritime Protection
PARIS, March 21 (Reuters) - The foreign ministers of the Group of Seven countries said on Saturday they stood ready to take necessary measures to support global energy supplies and reaffirmed the importance of safeguarding maritime routes, including in the Strait of Hormuz.
Support for Regional Partners
"We ... express support to our partners in the region in the face of the unjustifiable attacks by the Islamic Republic of Iran and its proxies," the ministers of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, as well as the top EU diplomat, said in a statement.
Condemnation of Attacks on Civilians and Infrastructure
"We condemn in the strongest terms the regime’s reckless attacks against civilians and civilian infrastructure, including energy infrastructure," they said.
Reporting and Attribution
(Reporting by John Irish)
Key Takeaways
- •G7 committed to safeguarding global energy flows, highlighting strategic importance of the Strait of Hormuz amid disruptions (apnews.com)
- •Fighting in the region has nearly halted exports through the Strait, handling ~20% of global oil and LNG, prompting record emergency reserve releases by G7/IEA (apnews.com)
- •The G7’s action aligns with broader global energy shock response, where energy markets face volatility, high prices and strategic responses include naval protection, stockpile coordination, and calls to reopen the Strait (apnews.com)
References
Frequently Asked Questions about G7 ready to act to protect global energy supplies, backs Hormuz Strait security
1What actions did the G7 pledge to support global energy supplies?
The G7 ministers stated they are ready to take necessary measures to support and protect global energy supplies.
2Why is the Strait of Hormuz important according to the G7 statement?
The G7 reaffirmed the importance of securing maritime routes, including the Strait of Hormuz, for the safe transport of global energy supplies.
3Who did the G7 foreign ministers condemn in their statement?
The G7 condemned attacks by the Islamic Republic of Iran and its proxies on civilians and energy infrastructure.
4Which countries issued the joint statement on energy security?
The statement was issued by Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the top EU diplomat.
5What type of infrastructure did the G7 highlight as being targeted?
The G7 specifically mentioned attacks on civilian infrastructure, including energy infrastructure.
