French President Emmanuel Macron has declared that the Group of Seven (G7) nations will exert maximum efforts to ensure the reopening of the Strait of Hormuz for international navigation. He highlighted the readiness of several European countries to partake in an international mission aimed at securing this vital maritime passage.
Macron noted that France, the UK, Italy, and the Netherlands have expressed their willingness to contribute to this mission, anticipating its launch within days following the implementation of a U.S.-Iran agreement.
The French President stressed the importance of fully reopening the strait without imposing transit fees, emphasizing that stabilizing navigation in this strategic passage is a priority for the global economy and energy markets.
He added that the full economic impact of any deal with Iran might take several weeks to materialize on international markets due to the complexities of global supply chains and oil markets.
Politically, Macron urged that future negotiations with Tehran include the ballistic missile file, arguing that this issue is crucial for long-term security arrangements in the region.
In another development, Macron has engaged in a political standoff with U.S. President Donald Trump over tariffs, asserting that France will not back down from the digital tax imposed on major tech companies.
Macron stated that the digital tax is part of Europe's legal sovereignty and emphasized that European tax decisions should not be subjected to external pressures.
His remarks were a response to Trump's threats of imposing 100% tariffs on French alcoholic beverages should Paris not repeal the tax on major U.S. tech companies.
These developments reflect the intertwining of security and economic issues at the G7 summit, where energy security, international navigation, and transatlantic trade relations are at the forefront of the agenda for the participating leaders.