France is scrambling to contain an energy shock as Emmanuel Macron warns that wars in Iran and Ukraine are driving fuel prices to historic levels. Macron said the Strait of Hormuz remains almost blocked, while attacks on Saudi Arabia’s Yanbu oil route have also slashed alternative supplies. French families are already feeling the squeeze at petrol pumps, prompting Macron to call a G7 meeting on stockpiles, exports, production and a possible strategic reserve release. With France pushing to reopen Hormuz peacefully, can Macron prevent the Middle East war from becoming Europe’s next energy crisis?
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