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UK's Finance minister to warn G7 against unilateral trade moves during Iran war

  • The UK Prime Minister Sir Keir Starmer convened business leaders from sectors including energy, shipping, and finance to discuss economic impacts from Iran's blockade of the Strait of Hormuz.
  • The UK's Finance Minister emphasized the importance of a coordinated economic response among G7 nations during the Iran conflict, warning against unilateral trade decisions amid rising oil prices.
  • Shadow Energy Secretary Claire Coutinho criticized Labour's energy policies and advocated for increased North Sea drilling to reduce household bills during the energy crisis.
  • A British diplomat was expelled from Russia over spying accusations that involved attempts to gather economic information, escalating diplomatic tensions.
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Jornal de NegóciosJornal de Negócios
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The French minister found that some of the G7's "tm supply problems", such as Jap's, while others "tm before problems like them", such as Fran's, or "econ issues, financial problems, inflation problems".

·Porto, Portugal
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Bias Distribution

  • 40% of the sources lean Left, 40% of the sources lean Right
40% Right

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The Straits Times broke the news in Singapore on Sunday, March 29, 2026.
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