RCI : G7 backs Canada as major global energy supplier to lessen reliance on Strait of Hormuz

RCI

Canada is poised to become a key and reliable supplier of energy to the G7 after leaders meeting in France embraced this country’s potential to deliver « significant additional capacity » to global markets to reduce dependence on oil and gas coming through the Strait of Hormuz.

We commit to accelerate the diversification of energy supply routes in order to reduce global vulnerability to the Strait of Hormuz and to increase our energy stocks, said a joint statement by G7 leaders (new window) in Évian-les-Bains, France, on Wednesday…

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