Beyond energy supply, the ministers addressed the threat of war-induced inflation, noting that "G7 central banks are strongly committed to maintaining price stability" and that monetary policy will remain strictly “data-dependent.”

G7 vows ‘all necessary steps’ to stabilise energy markets as crude oil surges to $116 amid escalating West Asia war

Trump administration imposes new sanctions on Iran's security chief Ali Larijani, senior IRGC officials

Saudi Arabia “warned” G7 nations that it might sell off some of the European debt holdings if the group decides to seize all $300 billion of foreign exchange of Russia, reported Bloomberg.

Saudi Arabia warned G7 nations not to seize Russian assets, gave debt sale threat: Report

China hit back on Monday after G7 leaders warned Beijing to stop sending weapons components to Russia, saying their end-of-summit statement was "full of arrogance, prejudice and lies". Watch in for more details!

China says G7 statement 'full of arrogance, prejudice and lies'

China terms G7 statement 'full of prejudice, arrogance and lies'

Pope Francis has called for a ban on "lethal autonomous weapons", while addressing the G7 leaders during the summit. Pope Francis became the first pontiff to address the G7 grouping, with a speech on the perils of artificial intelligence.

G7 Summit: Pope Francis urges ban on 'lethal autonomous weapons'

The Russian and Chinese sides did not take lightly the statements released at the G7 summit held in the Japanese city of Hiroshima. Moscow was the first to react, saying decisions at the G7 meet were aimed at the "double containment of Russia and China".

Russia, China come down heavily on G7 nations after grouping targets them in communique

G7 has agreed on forming a 'Climate Club after German Chancellor Olaf Scholz managed to convince all the G7 countries to join the club. The idea behind this club is that the existing climate agreement is doing very little for a green future so the countries that are serious about change will form a club

G7 agrees on forming a 'Climate Club'

The Russia-Ukraine conflict is currently in its third month and with the Russian military making advances in different parts of the country, Ukraine faces a tough challenge to maintain their resistance.

G7 countries pledge financial aid of $19.8 billion to Ukraine amid Russian invasion

The G7 on Sunday advanced a plan to impose a global minimum corporation tax and a collective crackdown on avoidance, arguing it would help tackle inequality. At a summit in southwest England, G7 leaders endorsed an agreement struck by their finance ministers last week to adopt a minimum floor for corporation tax of 15 per cent.

G7 leaders vow to end 'race to bottom' on taxes

G7 leaders were on Sunday urged to take urgent action to secure the future of the planet, as they finalised new conservation and emissions targets to curb climate change, and wrapped up a three-day summit where revived Western unity has been on show.

G7 to agree climate, conservation targets as summit ends

G7, a grouping of seven countries is considering to build a quick response mechanism in a bid to counter Russian “propaganda”, British Foreign Secretary Dominic Raab said on Sunday.

G7 to come up with mechanism to quickly counter Russian 'propaganda', UK's Raab says

Asking Moscow to respect "international obligations", the G7 nations on Thursday refused to recognise Russia's occupation of Crimea. "We unequivocally denounce Russia's temporary occupation of the Autonomous Republic of Crimea and the City of Sevastopol.

We will never accept Russia's occupation of Crimea: G7

The US President Donald Trump has expressed his desire to host the delayed G7 Summit after the Presidential elections scheduled in November 2020. The Group of Seven summit was to be held in June this year but the US President Donald Trump had decided to postpone it due to the ongoing pandemic, which had sent the world in a worldwide lockdown.

Trump wants to host G7 Summit after November elections in 'calmer atmosphere'

US President Donald Trump has announced that he would have to postpone a Group of Seven summit (G7 summit) until September or later, although he had hoped to hold it next month.

Trump postpones G7 Summit; talks about inviting India

Following the SAARC template which came to fruition yesterday, G7 countries conducted a video conference today to address the COVID-19 outbreak. During the conference, the Leaders of the Group of Seven (G7) expressed the conviction that ''current challenges related to the COVID-19 pandemic need a strongly coordinated international approach, based on science and evidence, consistent with our democratic values, and utilising the strengths of private enterprise''.

G7 follows SAARC's suit, conducts a video conference to chalk out COVID-19 plan

By Winnie King Italy is projected to be the first G7 nation to officially endorse China’s Belt and Road Initiative (BRI). And that’s raising the ire of both the European Union and the United States.

Italy joins China’s Belt and Road Initiative – here’s how it exposes cracks in Europe and the G7

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