Leaders of the G7 nations have arrived in Évian, France, for a three-day summit hosted by French President Emmanuel Macron. The agenda includes discussions on Russia's war in Ukraine, conflicts in the Middle East, competition with China, artificial intelligence, and child safety online. The summit follows a framework deal reached between the United States and Iran, which opens a 60-day negotiation period.
Energy analysts have indicated that recovery in the energy sector will be gradual, even if the Strait of Hormuz reopens. A briefing from the EU Council noted that upstream production could reach only 80% of pre-war levels within four months, while refining operations might recover to 70% within three months. The G7 leaders will also address energy security concerns during their meetings.
The summit will feature discussions on artificial intelligence, with a working lunch planned to explore its economic value and societal impacts. Additionally, US President Donald Trump has threatened a tariff war with France over its digital tax on American tech companies, stating he would impose a 100% tariff on French wines and champagnes if the tax is not revoked.