The G7 pledges to take ‘all necessary measures’ to protect the energy market

European markets open lower as oil prices rise

G7 energy and financial officials said on Monday that they are carefully monitoring the impact of the Iran war on energy and commodity markets, inflation, as well as overall economic stability, and are willing to take “any necessary measures” to ensure the security and stability of energy markets, according to a statement published on Monday. … Read more

Trump has declared inflation “failed” – now the US is expected to have the worst inflation among the G7 countries in 2026.

Trump has declared inflation "failed" - now the US is expected to have the worst inflation among the G7 countries in 2026.

What a difference war makes. In January, President Donald Trump boasted to G7 leaders and others at the World Economic Forum in Davos that his team had “beat” inflation in the US (1) “Grocery prices, energy prices, transportation, mortgages, rents and cars are going down, and they’re going down fast,” he said. At that time, … Read more