Trade tensions and geopolitical turmoil frame G7 Summit

  • Gas
  • June 16, 2025

Leaders from the G7 countries have convened in the Canadian Rockies in a bid to boost cooperation as trade and geopolitical challenges intensify.

An increasingly precarious and fragmented world forms the backdrop to the Kananaskis summit in Alberta – the 50th meet – amid escalating tensions in the Middle East and ongoing war in Ukraine.

An optimist might point to several new faces around the table, such as Mark Carney from the host country and German Chancellor Friedrich Merz, as a base to explore new dialogue and partnerships.

But the reality is US tariffs continue to cause collective friction within a group whose initial remit was to build economic coordination, and which today still accounts for 44% of global GDP.

… to continue reading this article and more, please login, register for free, or consider subscribing to gasworld

You’ve reached your weekly limit to access free articles!

Want to keep reading?

Please register for free and create a profile to gain access to this full article and gasworld’s daily news.

For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other gasworld archives, please consider subscribing.

Alternatively, you can continue reading more articles as a guest on Tuesday, 17th June at 9:28AM

   

  • Related Posts

    • Gas
    • August 13, 2026
    Chinese foundries record triple–digit quarterly growth

    By 18 min ago 2 min read Net profits for Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong boomed in Q2, capitalising on rising domestic AI chips demand. SMIC, China’s…

    • Gas
    • August 13, 2026
    New opportunities for CO2 in food and beverage decarbonisation

    By 31 min ago 3 min read The food and beverage industry is finding new ways to decarbonise, from lower-carbon refrigeration to carbon dioxide (CO2) recovery. But could more efficient…

    Have You Seen?

    Decommissioning Spending in UK North Sea Hits Record High

    • August 13, 2026
    Decommissioning Spending in UK North Sea Hits Record High

    Romania Shuts Down Last Nuclear Reactor As Danube Hits 90-Year Low

    • August 13, 2026
    Romania Shuts Down Last Nuclear Reactor As Danube Hits 90-Year Low

    Ukraine Strikes Gazprom’s 200,000-Bpd Salavat Refinery in the Urals

    • August 13, 2026
    Ukraine Strikes Gazprom’s 200,000-Bpd Salavat Refinery in the Urals

    Global Refining System Has Little Spare Room Left

    • August 13, 2026
    Global Refining System Has Little Spare Room Left

    Chinese foundries record triple–digit quarterly growth

    • August 13, 2026
    Chinese foundries record triple–digit quarterly growth

    India Drives a Global Surge in New Coal Mine Plans

    • August 13, 2026
    India Drives a Global Surge in New Coal Mine Plans

    New Zealand Approves New Oil and Gas Production as Energy Security Concerns Grow

    • August 13, 2026
    New Zealand Approves New Oil and Gas Production as Energy Security Concerns Grow

    High Oil Prices Deliver a Windfall for China’s Coal-to-Chemicals Industry

    • August 13, 2026
    High Oil Prices Deliver a Windfall for China’s Coal-to-Chemicals Industry

    Alaska LNG Pipeline Bill Dies in Legislature, Governor Fires Back

    • August 13, 2026
    Alaska LNG Pipeline Bill Dies in Legislature, Governor Fires Back

    India Eyes Two New Sites to Expand Strategic Oil Reserves

    • August 13, 2026
    India Eyes Two New Sites to Expand Strategic Oil Reserves