G7 Backs Israel, Says Tel Aviv Has Right To Self-defence; No Nukes To Iran

In the midst of rising tensions between Israel and Iran, G7 leaders have expressed support for Tel Aviv's right to self-defence while opposing Tehran's acquisition of nuclear weapons. This stance was revealed in a draft statement, according to sources. The ongoing conflict has heightened global concerns, especially with its impact on oil prices.

The G7 summit, scheduled to take place in Kananaskis, Canada, will see leaders from the UK, Canada, France, Germany, Italy, Japan, and the US gather alongside the European Union. Prime Minister Narendra Modi is also expected to attend as he travels from Cyprus to Canada. Key topics like the Israel-Iran conflict and other regional issues are likely to be discussed.

Focus on Regional Stability

The draft statement urges both Israel and Iran to reduce tensions to maintain regional stability. It highlights the importance of avoiding actions that could further destabilise the region. The G7 leaders aim to address these pressing issues during their discussions at the summit.

Additionally, safeguarding market stability is a priority for the G7 leaders. They are particularly concerned about the energy market's volatility due to escalating conflicts. Ensuring stable energy supplies is crucial for maintaining economic balance globally.

Global Implications

The Israel-Iran conflict has far-reaching implications beyond regional borders. With oil prices surging due to heightened tensions, the G7 summit is viewed as a critical opportunity for democratic nations to unite and address these challenges collectively.