World News | G20 Leaders Agree on Energy Producer-consumer Coordination: Macron
Get latest articles and stories on World at LatestLY. The G20 countries have agreed on close coordination between producers and consumers on issues relating to energy prices, French President Emmanuel Macron said.
Rome [Italy], November 1 (ANI/Sputnik): The G20 countries have agreed on close coordination between producers and consumers on issues relating to energy prices, French President Emmanuel Macron said.
Speaking to reporters in Rome at the conclusion of the G20 summit on Sunday, Macron said that the significant increase and volatility in gas and oil prices has weakened global growth.
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There is a need for coordination between producer and consumer states when it comes to energy, Macron emphasized, saying that relevant agreements were reached at the G20 summit.
US State Department Senior Advisor for Global Energy Security, Amos Hochstein, said on Thursday that gas and oil suppliers have a responsibility to ensure capacity to meet global demand in order to avoid crises like the one unfolding in Europe. (ANI/Sputnik)
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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)