Argachi: Israel's military adventure threatens global gas markets Foreign Minister Seyed Abbas Argachi said that Iranian energy diplomacy advanced at the Gas Exporting Countries Forum (GECF) summit, where the main focus of the discussions was developments in global gas markets and energy security. In the announcement, Argachi noted that the devastating consequences of any military adventurism provoked by Israel in the Persian Gulf region on the international markets remain a serious concern for both gas-exporting and gas-consuming countries. The summit provided a platform for member states to face common energy challenges and coordinate positions on market stability and security of supply.