In a recent statement, French President Emmanuel Macron addressed the impact of the closure of the Strait of Hormuz amidst ongoing tensions in the Middle East, asserting that this situation does not warrant the lifting of sanctions against Russia. Macron spoke on behalf of the G7 leaders following an extraordinary virtual meeting where they discussed the military escalation in the region and its effects on global security and energy stability. The sentiment among the G7 leaders was clear: they will not change their stance towards Russia despite the challenges posed by the regional crisis.

Macron emphasized that the G7 is united in its resolve to support Ukraine and maintain sanctions against Moscow. He reiterated that approximately 20% of the world's oil production is at stake due to the conflict in the Middle East, particularly as it affects shipping routes through the Strait of Hormuz. Nonetheless, Macron believes that economic disruptions and the war cannot lead to a reconsideration of the collective stance towards Russia. Instead, the focus remains on reinforcing sanctions and collaborating to secure global energy supplies.

Furthermore, President Macron highlighted the broader implications of the conflict, including the repercussions of US and Israeli military actions against Iran and the Iranian responses affecting regional stability and alliances. The G7 leaders discussed measures to ensure the safety of maritime navigation, underlining their commitment to securing energy flows and addressing the repercussions of regional conflicts on international peace and security.