The G-7 welcomes the peace agreement: "The priority is to reopen the Strait of Hormuz"

Evian (France)Europe and the main world powers have received the peace agreement between the United States and Iran with caution but also with hope. The announcement was made a few hours before the start of the G-7 summit, which will be held until Wednesday in the French city of Evian, with Lake Geneva as a backdrop, and with the presence of the American president, Donald Trump. "The agreement is an opportunity to restore regional stability and stabilize the world economy," France, Germany, the United Kingdom, Italy, and Japan have stated in a joint statement.

Both the G-7 leaders and Brussels have warned that the most urgent thing now is the reopening of navigation in the Strait of Hormuz – one of the points of the agreement – so that oil prices fall. Its closure has caused the price of crude oil to skyrocket and shake the world economy. "The priority is to reopen" the strait, said the President of France and host of the summit, Emmanuel Macron.

"We will do everything possible to make this agreement a reality and, consequently, for the Strait of Hormuz to be reopened peacefully and for transit to resume," Macron insisted. Given the fragility of the agreement, Brussels has called on the US and Iran to implement it immediately: "The priority now is for all parties to implement it quickly and fully," requested the President of the European Commission, Ursula von der Leyen.

The G-7 demands a reopening of Hormuz without tolls, but Iran assures that at the last minute it has incorporated a clause that allows for the establishment of a tax for "maritime services." According to the American vice president, J.D. Vance, Washington hopes that "in the long term" there will be no tolls and explained that it is one of the technical issues that will be negotiated in the coming days. For the rest of the G-7 countries, the reopening must be done completely, without any kind of tolls. It will be one of the topics of debate at the summit.

Trump, in brief statements before meeting with the tenant of the Élysée, assured that Hormuz will be "completely open" this Friday – the day on which the United States and Iran will formalize the peace agreement with their signature in an act in Geneva – and "without tolls." The American president also explained that the content of the agreement will be known "shortly after" Friday. "The most important thing is that Iran will not have a nuclear bomb," he assured.

Minesweeping operation in the strait

To guarantee the safety of ships, France and the United Kingdom want to lead an international mission to carry out a mine-clearing operation in the strait. According to Macron, it is still a "fictional scenario", but he assured that France is prepared to deploy the aircraft carrier Charles de Gaulle and "mine-clearing capabilities" in the strait in just "two or three days". The French president, however, warned that an international agreement is needed to move forward with the mission.

The peace agreement between the United States and Iran has crept into the G-7 summit that begins this evening. Before that, Macron and Trump will meet to address not only the issue of Iran but also that of tariffs. Just before traveling to Evian, the American president has once again threatened to impose 100% tariffs on French sparkling wines if Paris does not abolish the tax on digital services, a 3% tax that France introduced in 2019 on technology companies – such as Facebook, Amazon or Apple – present in French territory. "If they don't, I will have no other option but to impose a 100% tariff on all champagnes and all wines coming from France," Trump told the

New York Post.