G7: Leaders gather to grapple with wars, global economy
06/15/2026 June 15, 2026 G7 leaders arrive in France as Trump promises peace in Iran Leaders from the G7 โ which gathers some of the
06/15/2026 June 15, 2026 G7 leaders arrive in France as Trump promises peace in Iran Leaders from the G7 โ which gathers some of the world's richest nations โ are gathering in Evian-les-Baines, France, Monday to start a three-day summit that will be dominated by the wars in Ukraine and Iran. Russia's invasion of Ukraine has been on the agenda for over four years now, with no end in sight, but the security and economic consequences of that war have been supplanted by those emanating from Iran, which the United States and Israel attacked on February 28.
The nearly 15-week war has kept global markets in turmoil as Iran maintains a chokehold on the world's oil supplies by blockading the all-important Strait of Hormuz โ through which roughly 20% of global supply normally flows. The situation has cut off access to oil, gas and fertilizer, driving prices for everything from food to household goods through the roof around the world. Beyond the leaders of Canada, Germany, Italy, Japan, the UK and the US, host Emmanuel Macron has also invited the heads of Egypt, Qatar, Ukraine and the United Arab Emirates to attend the session.
Trump promised to end the war in Ukraine on his first day back in office (January 20, 2025), but a lasting resolution to the conflict has so far eluded him. While Iran is expected to lead the agenda on Monday, Tuesday has been earmarked for discussions on the situation in Ukraine and what this means for European security. Other issues set to be discussed during the event include the sourcing of critical minerals as well as growing economic instability.
Brazil, India, Kenya and South Korea have all been extended invitations to join in these conversations.
