March 9, 2026
G7 Finance Ministers Hold Emergency Meeting in Response to Spiraling Oil Prices
The G7 finance ministers held an emergency meeting on Monday as oil topped $100 a barrel and markets tumbled amid the Iran war. NTD has President Donald Trump’s response to the spike in oil prices. Trump is asking Australia to grant asylum to Iran’s women’s soccer team. They refused to sing Iran’s national anthem before their opening game in Australia last week and now fear returning to their homeland. In a press conference Monday morning, New York City Mayor Zohran Mamdani and Police Commissioner Jessica Tisch said they’re treating a Saturday incident involving explosive devices as an “act of ISIS-inspired terrorism.”
TL;DR
- G7 finance ministers held an emergency meeting due to oil prices exceeding $100 a barrel and market turmoil.
- The situation is linked to the Iran war.
- President Donald Trump is responding to the oil price spike.
- Trump has asked Australia to grant asylum to Iran's women's soccer team.
- The team fears returning to Iran after refusing to sing the national anthem before a game in Australia.
- New York City officials are treating a Saturday incident involving explosive devices as ISIS-inspired terrorism.
Continue reading the original article