G7 moves to ease fuel crisis as Trump’s secu...

Summary

• The Group of Seven agreed Friday to release 100 million barrels of diesel and crude oil reserves to calm a worsening global fuel crisis, even as fresh attacks on shipping in the Strait of Hormuz and an intensifying Saudi-Houthi conflict in Yemen underscored how far the region remains from any resolution.
• Behind the public diplomacy, Trump’s senior national security officials gathered Friday for unannounced, closed-door talks at Camp David covering both the Iran war and the escalating Saudi-Houthi conflict in Yemen, according to a wire service report citing three American officials.
• Britain’s maritime trade agency said two oil tankers were struck by unidentified projectiles in the Strait of Hormuz region, the latest in a series of attacks along a waterway that once carried roughly a fifth of the world’s oil and liquefied natural gas before the US-Israeli war on Iran began in late February.

AI Generated Summary

The Group of Seven agreed Friday to release 100 million barrels of diesel and crude oil reserves to calm a worsening global fuel crisis, even as fresh attacks on shipping in the Strait of Hormuz and an intensifying Saudi-Houthi conflict in Yemen underscored how far the region remains from any resolution.

French President Emmanuel Macron chaired a video conference of G7 leaders, convened after a conversation with President Donald Trump, aimed at coordinating a response to soaring fuel prices across Britain, Canada, France, Germany, Italy, Japan and the United States. Trump welcomed the resulting agreement and said Washington would not move forward with a threatened diesel export ban, a reversal that came after the US had pressured European allies to tap their own strategic reserves. The announcement followed Washington’s push the previous day, when Trump said Europe had agreed to release what he called a massive amount of diesel stocks.

Behind the public diplomacy, Trump’s senior national security officials gathered Friday for unannounced, closed-door talks at Camp David covering both the Iran war and the escalating Saudi-Houthi conflict in Yemen, according to a wire service report citing three American officials. Vice President JD Vance chaired the hours-long session, which also included Secretary of State Marco Rubio, Defense Secretary Pete Hegseth, special envoy Steve Witkoff, CIA Director John Ratcliffe and Joint Chiefs of Staff Chairman General Dan Caine. One official said the meeting produced either resolution or extended discussion on a number of unspecified issues.