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UK Chancellor Urges G7 to Increase Energy Supply and Boost Investment in Renewable and Nuclear Energy
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UK Chancellor of the Exchequer Jeremy Hunt urged the Group of Seven (G7) to increase domestic energy supply and warned that the recent surge in oil and natural gas prices is playing into the hands of Russian President Vladimir Putin, as Russia is benefiting from high energy prices. On Monday (30th), Jeremy Hunt held a conference call with G7 finance ministers, energy ministers, and central bank governors, during which she will call for Western countries to increase investment in renewable energy and nuclear energy to reduce reliance on natural gas. According to a statement released on Sunday, UK Prime Minister Keir Starmer met with business leaders from the energy, shipping, banking, and insurance sectors on Monday at Downing Street to discuss the Iran conflict. (mn/w) Auto-translated by third-party software This translation was auto-generated by third-party software. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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