G7 warns Strait of Hormuz blockade risks fueling global energy crisis

Tensions remain high as the Strait of Hormuz, a vital artery for global energy supplies, remains effectively blocked following Iran’s retaliation against US-Israeli strikes last month. French Finance Minister Roland Lescure underscored the urgency of reopening the strategic waterway, stating Thursday that it “must open, but not at any price.” The remarks came as G7 ministers, meeting on the sidelines of IMF and World Bank sessions in Washington, wrestled with the growing economic fallout of the