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G7 finance chiefs: must re-open Strait of Hormuz and tackle current account imbalances

Tue, 19th May 2026 13:08

PARIS, May ​19 (Reuters) - The ⁠finance ministers ​of the G7 group of ​countries ‌reiterated it was ⁠imperative to re-open the ⁠Strait of ​Hormuz, and that it was important to ​tackle global, ‌current account imbalances.

They also reaffirmed in a joint ​statement their commitment to ‌multilateral cooperation in addressing risks to ‌the global economy.

The ministers of Canada, France, Germany, ​Italy, Japan, the United Kingdom and ‌the United States, also said they remained committed ⁠to ⁠have stable ‌energy markets and called ​on all countries ​to ‌avoid arbitrary export restrictions. (Reporting by Sudip Kar-Gupta and Dominique Vidalon)

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