International Energy Agency & Ursula von der Leyen

International Energy Agency: The International Energy Agency has warned about the severe impact of the conflict on the global energy market, highlighting the potential for a 'red zone' in fuel supply.

Ursula von der Leyen: Ursula von der Leyen, European Commission President, welcomed progress towards an agreement between the United States and Iran.

International Energy Agency: The International Energy Agency has warned about historically low global oil inventories due to the conflict, highlighting the broader economic impact of the Strait of Hormuz closure.

Ursula von der Leyen: As the European Commission President, Ursula von der Leyen>>> welcomed early optimism for an agreement, highlighting Europe's interest in the reopening of the Strait of Hormuz and lower energy prices.

International Energy Agency: The International Energy Agency was highlighted by G7 leaders for its role in enhancing supply chain resilience and safeguarding economic and price stability, particularly regarding strategic petroleum reserves.

Ursula von der Leyen: Ursula von der Leyen, the European Commission President, held one-on-one talks with Keir Starmer and noted improvements in Ukraine's military performance, urging continued support.

Ursula von der Leyen: Ursula von der Leyen, President of the European Commission, emphasized the EU's strategy to 'de-risk, not decouple' from China regarding economic imbalances and trade.