Leaders of the Group of Seven (G7) nations are exploring alternative routes for transporting global energy supplies as concerns grow over dependence on the Strait of Hormuz, a key maritime passage for oil and gas shipments.
French Foreign Ministry spokesman Pascal Confavreux said discussions at the G7 summit in France included identifying other supply corridors that could help move energy resources from the Persian Gulf without relying heavily on the strategically important strait.
Speaking to the Associated Press, Confavreux said leaders discussed ways to reduce long-term dependence on the waterway and improve energy security.
He noted that proposals under consideration include financing and developing new infrastructure projects, particularly land-based transport routes, that could bypass the Strait of Hormuz.
Before the conflict involving Iran disrupted regional stability, roughly 20 percent of the world’s crude oil shipments passed through the narrow maritime corridor, making it one of the most critical energy transit routes globally.
The discussions reflect growing international efforts to diversify energy supply chains and reduce vulnerability to disruptions in the Gulf region.