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World News Today, International News Headlines | The HinduBusinessLine

Italy suspends defence pact renewal with Israel amid West Asia tensions Drone hits on Russia ports put Indian refining at risk: IEA Trump’s lawsuit over Wall Street Journal’s Epstein story has been dismissed Agreement cannot be reached overnight, talks should continue over West Asia crisis: UNSG Bling meets brink: Iran war casts shadow over luxury watch industry Iran oil hoard at sea shields China’s refiners from US blockade Next round of Iran-US negotiations expected soon: Khawaja Asif Trump begins Hormuz blockade even as US, Iran eye more talks US naval blockade of Iranian ports begins; UKMTO confirms enforcement France, UK to lead multinational mission to restore navigation in Strait of Hormuz: Macron IDF continues strikes on Hezbollah in southern Lebanon, launches ground ops in Bint Jbeil Israelis oppose Iran ceasefire, divided over whether to respect it, poll says Pope Leo says he does not fear Trump, citing Gospel as he pushes back in feud over Iran war Iran threatens ports in West Asia as US military set to impose shipping blockade What does a US naval blockade of Iran mean for oil flows? Vance-led talks helped build goodwill with Iran: report Iran war's global energy crisis sharpens China's advantage in clean tech 2 oil tankers attempt Hormuz exit after US announces blockade Chinese yuan pressured by safe-haven dollar as US-Iran peace talks break down US blockade of Iran will be major military endeavor, experts say Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse Crude oil tankers steer clear of Hormuz ahead of US blockade US announces maritime blockade of Iranian ports after talks fail Trump attacks Pope Leo, calls him ‘terrible’ and ‘weak’ Europe missed AI bus, but India has potential to catch up: Former WEF Director Iran aims to restore majority of refining capability within two months Trump shares article suggesting option with him to enforce naval blockade on Iran Iran-US talks in Pakistan ended without deal as Tehran cites ‘excessive demands’ from US Two supertankers U-turn in Hormuz as US-Iran talks break down Iran war diverts US military, attention from Asia ahead of Trump's summit with China's leader Trump says China will have big problems if it ships arms to Iran Pakistan to continue facilitating US-Iran talks, says Dar; urges ceasefire More than 2,000 people killed by Israeli strikes in Lebanon during Israel-Hezbollah war: officials Iran denies US claims of mine clearing ships’ passage through Strait of Hormuz 4 ways war in Iran has weakened United States in great power game US-Iran talks fail after 21 hours in Islamabad, JD Vance cites nuclear deadlock Islamabad talks: US and Iran begin negotiations aimed at ending West Asia conflict Iran's new supreme leader Mojtaba Khamenei has severe and disfiguring wounds, sources say Israel and Lebanon are expected to hold talks. Here’s what to know US, Iran set for peace talks but doubts emerge over Lebanon, sanctions Proposed Trump arch in Washington DC includes winged figure, eagles, lions and gold inscriptions US-Iran peace talks in Pakistan: What will be discussed? US Vice President Vance arrives in Pakistan for crucial peace talks with Iran EU condemns ‘illegal’ Israeli expansion: 30 new West Bank settlements spark global outcry US intelligence indicates China preparing weapons shipment to Iran India, Japan discuss Strait of Hormuz security World shares mostly higher, oil gains ahead of planned US-Iran ceasefire talks Global growth to slow to 3.2% in 2026, amid largest energy shock on record due to West Asia crisis: S&P US, Iran prepare for ceasefire talks as Netanyahu authorises negotiations with Lebanon Zelenskyy says Ukrainian forces shot down Shahed drones in Middle Eastern countries during Iran war Trump ramps up threats against Iran on Hormuz before talks Trump's tenuous Iran exit plan isn't healing Republican rifts exposed by the war Vance sets off to Pakistan to lead talks with Iran as war’s ceasefire remains shaky Former Iran FM Kamal Kharrazi dies from wounds sustained in US-Israeli attack: Reports Russia's Putin declares ceasefire in Ukraine for Orthodox Easter Kuwait claims Iran, proxies attacked it; Saudi flags damage to key pipeline Netanyahu authorises Israel Lebanon talks amid fragile ceasefire and Hezbollah tensions US economy slows to 0.5 per cent growth in fourth quarter amid shutdown impact The Latest: Ceasefire at risk over Israel’s attacks in Lebanon, possible mines in Strait of Hormuz "Israel will achieve its objectives by agreement or fighting": Netanyahu Trump rebukes NATO over Iran after meeting with alliance’s chief As US and Iran talk truce, Israel digs in for a 'forever war' Chart shows Iran may have put sea mines in Strait of Hormuz Trump says US military to stay around Iran until Tehran complies with deal Disney plans up to 1,000 job cuts amid marketing restructuring US claims victory over Iran as Hegseth says Tehran ‘begged’ for ceasefire JD Vance says US will not abide by ceasefire if Iran fails to reopen strait Netanyahu: ceasefire fragile, Israel ready for war again Russia offers sanctioned LNG to energy-hungry Asia at a discount Does the Iran ceasefire mean the fuel crisis is over? 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G7 Summit in France: Geopolitical crises, economic cooperation, AI to be key focus areas
By ANI · 2026-06-12 · via World News Today, International News Headlines | The HinduBusinessLine
French President Emmanuel Macron speaks during a meeting with leaders of the Engagement Groups involved in the G7 on social and economic issues at the Elysee Palace in Paris, France, 10 June 2026.

French President Emmanuel Macron speaks during a meeting with leaders of the Engagement Groups involved in the G7 on social and economic issues at the Elysee Palace in Paris, France, 10 June 2026. | Photo Credit: CHRISTOPHE PETIT TESSON / POOL

Global attention turns to the French resort town of Evian next week for the 52nd G7 Summit. The summit would formally commence on Monday with a dinner hosted by French President Emmanuel Macron for G7 leaders and representatives of the European Union. The G7 Summit, to be held under the French presidency, is expected to focus on geopolitical crises, economic cooperation, artificial intelligence, and developmental partnerships.

According to sources, the first day of the summit on Tuesday will include a session on Ukraine in the presence of Ukrainian President Volodymyr Zelenskyy, followed by discussions involving Middle Eastern countries, including Egypt, Qatar, the United Arab Emirates and Saudi Arabia.

The outreach session on "Tackling the Global Imbalances" will bring together invited countries such as India, Kenya, South Korea and Brazil to deliberate on reducing macroeconomic disparities and promoting balanced growth.

Three themes

Sources underlined three key words for the summit- concrete measures, reconvergence and international action on ongoing crises.

"First, a G7 of concrete measures, including measures on AI, including measures on protection of childhood online, and including measures on cancer, where you need a lot of cooperation," the source said.

The second theme, "reconvergence", focuses on reducing global macroeconomic imbalances through greater coordination among nations and international institutions.

"Our thinking on that is that when you take every part into account, there are global imbalances that can be mortal for every region. We need to have this discussion, including the IMF, including the World Bank and international institutions, to first agree on a consensus on the situation and, second, agree on possible measures that can be taken at the G7, or later at the G20," the source added.

The third priority, according to the source, would be international action on contemporary crises, including the conflict in Ukraine and the escalating tensions in West Asia involving Iran, Israel, Gaza, Lebanon and the Strait of Hormuz.

"The third keyword of our G7 is international action on the crisis of the day. And of course, you'll have a lot of discussions on Ukraine. And as you've seen lately, with Hormuz and Iran, Israel, Gaza, or Lebanon, this would be an important part of the discussion. So here are three messages. Concrete measures, reconvergence, and international action on the crisis," sources said.

India’s attendance

Prime Minister Modi will attend the summit at the invitation of President Macron, marking India's 13th participation as a partner country and the Prime Minister's seventh consecutive appearance at the forum. India is set to bring its voice to key discussions on the rapidly evolving situation in the Middle East and the pressing challenge of global economic imbalances on the second day of the summit. New Delhi's participation in the outreach sessions of the summit, despite being a member state, underscores its growing role in shaping conversations on major international issues.

Earlier, during a special briefing on Prime Minister Modi's visit, MEA Secretary (West) Sibi George said the summit would provide an opportunity for India to engage with world leaders on issues of significance to both India and the Global South.

"The visit will provide an opportunity for the Prime Minister to engage with world leaders present at the summit on issues of importance to India as well as the Global South," George said.

He added that the outreach discussions would broadly focus on the renewal of international partnerships and developmental solidarity, fostering shared and balanced growth, and the effective and efficient rollout of artificial intelligence.

On the sidelines of the summit, Prime Minister Modi is also expected to hold a series of bilateral meetings with G7 leaders, partner countries and heads of international organisations.

Twenty-three years after hosting the 2003 G8 Summit and seven years after the 2019 G7 Summit in Biarritz, France's Evian is once again set to become the centre of global diplomacy as leaders gather to navigate a world grappling with economic uncertainty and multiple geopolitical flashpoints.

Published on June 12, 2026