G7 Summit: Seeking Unity Amid Global Tensions

The G7 summit in Canada is crucial for restoring unity amid international tensions, particularly concerning Ukraine and the Israel-Iran conflict. Draft statements on de-escalation and trade remain unapproved by the U.S., as Trump suggests Russia's mediation role. European leaders aim to toughen sanctions against Russia.

Meeting against a backdrop of escalating international tensions, leaders from the Group of Seven convened in Kananaskis, Canada, on Monday. Central to the discussions are geopolitical conflicts in Ukraine and the Middle East, which have compounded economic uncertainties worldwide.

During the summit, the focus remains on fostering unity among the world's democratic powers, with particular emphasis on de-escalating the brewing Israel-Iran conflict. Prime Minister Keir Starmer expressed optimism for a unified approach, despite several draft documents awaiting approval from the U.S., including proposals addressing artificial intelligence and critical mineral supply chains.

The economic discussions at the G7 summit extend to Russian oil price caps and trade advances, notably involving China. In contrast to Trump's openness to Russia's mediation in the Israel-Iran conflict, European leaders assert more stringent measures against Russia, including potential sanctions, to achieve lasting peace in Ukraine.

(With inputs from agencies.)